Inflation Persistence in Brazil A Cross Country Comparison is popular PDF and ePub book, written by Mr.Shaun K. Roache in 2014-04-04, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Inflation Persistence in Brazil A Cross Country Comparison can be Read Online from any device for your convenience.
Inflation Persistence in Brazil A Cross Country Comparison Book PDF Summary
Inflation persistence is sometimes defined as the tendency for price shocks to push the inflation rate away from its steady state—including an inflation target—for a prolonged period. Persistence is important because it affects the output costs of lowering inflation back to the target, often described as the “sacrifice ratio”. In this paper I use inflation expectations to provide a comparison of inflation persistence in Brazil with a sample of inflation targeting (IT) countries. This approach suggests that inflation persistence increased in Brazil through early 2013, in contrast to many of its IT peers, mainly due to “upward” persistence. The 2013 rate hiking cycle may have contributed to some recent decline in persistence.
Detail Book of Inflation Persistence in Brazil A Cross Country Comparison PDF
- Author : Mr.Shaun K. Roache
- Release : 04 April 2014
- Publisher : International Monetary Fund
- ISBN : 9781475585230
- Genre : Business & Economics
- Total Page : 22 pages
- Language : English
- PDF File Size : 18,5 Mb
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