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Inflation targeting in Brazil: shocks, backward-looking prices, and IMF conditionality

In: Modelling aspects of the inflation process and the monetary transmission mechanism in emerging market countries

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Author Info

  • Joel Bogdanski

    (Banco Central do Brazil)

  • Paulo Springer de Freitas

    (Banco Central do Brazil)

  • Ilan Goldfajn

    (Banco Central do Brazil)

  • Alexandre Antonio Tombini

    (Banco Central do Brazil)

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    Abstract

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    File URL: http://www.bis.org/publ/bppdf/bispap08d.pdf
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    Bibliographic Info

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    This chapter was published in:

  • Bank for International Settlements, 2001. "Modelling aspects of the inflation process and the monetary transmission mechanism in emerging market countries," BIS Papers, Bank for International Settlements, number 08, June.
    This item is provided by Bank for International Settlements in its series BIS Papers chapters with number 08-04.

    Handle: RePEc:bis:bisbpc:08-04

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    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Andrew Haldane, 1997. "Some Issues in Inflation Targeting," Bank of England working papers 74, Bank of England.
    2. Clarida, Richard & Galí, Jordi & Gertler, Mark, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," CEPR Discussion Papers 2139, C.E.P.R. Discussion Papers.
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    Cited by:
    1. Arminio Fraga & Ilan Goldfajn & Andre Minella, 2003. "Inflation Targeting in Emerging Market Economies," NBER Working Papers 10019, National Bureau of Economic Research, Inc.
    2. Fabio Kanczuk, 2003. "Supply Shocks and Inflation Targeting," Anais do XXXI Encontro Nacional de Economia [Proceedings of the 31th Brazilian Economics Meeting] b01, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
    3. Gomez, Miguel I. & Gonzalez, Eliana & Melo, Luis F. & Torres, Jose L., 2006. "Forecasting Food Price Inflation, Challenges for Central Banks in Developing Countries using an Inflation Targeting Framework: the Case of Colombia," 2006 Annual meeting, July 23-26, Long Beach, CA 21181, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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