Academic Journals Database
Disseminating quality controlled scientific knowledge

Política econômica e credibilidade: evidências empíricas e técnicas econométricas

ADD TO MY LIST
 
Author(s): César A. O. Tejada | Marcelo Savino Portugal

Journal: Nova Economia
ISSN 0103-6351

Volume: 14;
Issue: 3;
Start page: 97;
Date: 2004;
VIEW PDF   PDF DOWNLOAD PDF   Download PDF Original page

Keywords: credibility | monetary policy | econometric models

ABSTRACT
This article presents a review of empirical literature regarding the credibility of economic policy, dedicating special attention to the econometric techniques used. The literature researched is comprised of two groups based on the type of econometric technique employed. However, within the main groups, reference is made to the four ways of conducting monetary policy currently being used in the world today: monetary aggregate targets, exchange rate peg, inflation targets, and preventive monetary policy with no explicit nominal peg. This text also refers to underlying theoretical models, when applicable. Brazilian empirical literature on this subject is reviewed in its own separate section.
Get a faster system with an easy scan today!     Correct all grammar errors with Grammarly