Political constraints on monetary policy during the Great Inflation

Brazil through the eyes of CHORINHO

Introdução à Economia II João César das Neves

monetary policy monitor - IBRE

resilience of the Great Recession, a number of economists have begun to challenge the current orthodoxy in this area. As is widely known, since 1990, a large number of countries, some formally, oth...

why should central banks communicate with public?

Artigos de Bancos Centrais e BIS REUNIÃO DE

presented his theory as a reformulation of the quantity theory of money adapted to a credit/money economy. As he wrote in his book "Interest and prices": "There is a certain rate of interest on loa...

Lessons from the stabilization process in

centre for brazilian studies - Latin American Centre

3. New consensus in macroeconomics and policy implications The theoretical premise of economic policies in Brazil is based on what has come to be known as ‘The New Consensus Macroeconomics’, NCM fo...

Present: Mr DJ Jessett (Chairman), Mesdames E M Anfield, H Fitsell

Monetary Rules When Economic Behaviour

inflation-forecast-based (IFB) rules.2 The main motivation for focusing on IFB rules is a practical one—rules in this class are popular among inflation-targeting central banks. In particular, the B...

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