Journal: | Revista de economia politica |
Database: | CLASE |
System number: | 000280379 |
ISSN: | 0101-3157 |
Authors: | Mendonca, Helder Ferreira de1 |
Institutions: | 1Universidade Federal Fluminense, Departamento de Economia, Niteroi, Rio de Janeiro. Brasil |
Year: | 2006 |
Season: | Oct-Dic |
Volumen: | 26 |
Number: | 4 |
Pages: | 552-563 |
Country: | Brasil |
Language: | Portugués |
Document type: | Artículo |
Approach: | Analítico, descriptivo |
English abstract | Nowadays, the belief is strong in the Brazilian federal government that operational central bank independence is a basic condition to assure price stability. The literature concerning this subject highlights that a high degree of independence and a low turnover of central bank governor are associated with low inflation. This paper analyzes the relation between central bank independence and inflation in Brazil during 1980-2002. The findings denote that there is no effect on inflation due to an increase in degree of independence and a fall in turnover rate |
Disciplines: | Economía |
Keyword: | Economía monetaria, Brasil, Banco Central, Independencia económica, Inflación, Economía nacional, Política monetaria |
Full text: | Texto completo (Ver HTML) |