Meta de inflação e contratos para bancos centrais
Inflation targeting is a framework for monetary policy, that has recently been implemented in some developed nations. In this article, it is shown that one can interpret inflation targeting cum penalties as equivalent to the optimal linear contract. Moreover, the conditions for the successful imple...
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| Format: | Article |
| Language: | Portuguese |
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Universidade de São Paulo
1998-08-01
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| Series: | Economia Aplicada |
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| Online Access: | https://www.revistas.usp.br/ecoa/article/view/217788 |