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Credibility in the Inflation Targeting Regime

Credibility in the Inflation Targeting Regime

von Igo Santiago Martins
Softcover - 9786206120520
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Beschreibung

This paper checks the credibility factor in order to identify a coherent logical relationship of its application in the model of the Inflationary Targeting Regime (IMR) justifying it as an important assumption within this regime. Conceived within the theoretical framework of the new classical school, the concept, "credibility" in monetary policy, is increasingly studied and developed in the literature. Therefore, the aim of this paper is to verify this credibility factor under the proposition that it can be verified by the difference between expectations and inflation targets.

An analysis for the Brazilian case

Details

Verlag Our Knowledge Publishing
Ersterscheinung 23. Juni 2023
Maße 22 cm x 15 cm x 0.4 cm
Gewicht 96 Gramm
Format Softcover
ISBN-13 9786206120520
Seiten 52