What Drives Inflation Expectations in Brazil? : An Empirical Analysis /

This study examines the macroeconomic determinants of survey inflation expectations in Brazil since the adoption of inflation targeting in 1999. The results suggest that the inflation targeting framework has helped anchor expectations, with the dispersion of inflation expectations declining consider...

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Bibliographic Details
Main Author: Cerisola, Martin
Other Authors: Gelos, R.
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF Working Papers; Working Paper ; No. 2005/109
Online Access:Full text available on IMF