An estimation of the hybrid Phillips curve for Brazil in the inflation targeting regime

The aim of this paper is to investigate the dynamics of inflation in Brazil between 2000-IV to 2014-II, through the hybrid Phillips Curve approach. This econometric specification allows evaluating the forward looking and backward looking terms. The models were estimated by ARDL method and the result...

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Bibliographic Details
Main Authors: Divanildo Triches, Flavio Tosi Feijó
Format: Article
Language:Portuguese
Published: Universidade de São Paulo 2017-04-01
Series:Economia Aplicada
Subjects:
Online Access:http://www.revistas.usp.br/ecoa/article/view/135130