Arbeitspapier
A dinâmica da inflação no Brasil
This paper tests Phillips curves using an autoregressive distributed lag (ADL) specification that encompasses the New Keynesian Phillips curve (NKPC), the Hybrid Phillips curve (HPC), the Sticky-Information Phillips curve (SIPC), and the accelerationist Phillips curve (APC). We use data from Brazil (1996Q1-2012Q2), using the output gap and alternatively the real marginal cost as measure of inflationary pressure. The empirical evidence rejects the restrictions implied by the NKPC, the HPC, and SIPC, but does not reject those implied by the APC.
- Sprache
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Portugiesisch
- Erschienen in
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Series: Texto para Discussão ; No. 2003
- Klassifikation
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Wirtschaft
Price Level; Inflation; Deflation
Model Evaluation, Validation, and Selection
- Thema
-
inflation
Phillips curve
encompassing specification
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Maka, Alexis
Barbosa, Fernando de Holanda
- Ereignis
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Veröffentlichung
- (wer)
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Instituto de Pesquisa Econômica Aplicada (IPEA)
- (wo)
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Brasília
- (wann)
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2014
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Maka, Alexis
- Barbosa, Fernando de Holanda
- Instituto de Pesquisa Econômica Aplicada (IPEA)
Entstanden
- 2014