Monetary Policy and Exchange Rate: Effects on Disaggregated Prices in a FAVAR Model for Brazil
نویسندگان
چکیده
منابع مشابه
The Effect of Monetary Shocks on Disaggregated Prices in a Data Rich Environment: a Bayesian FAVAR Approach
Price stability has been the foremost task of monetary policy. The information relating to the response of prices to monetary policy shocks is essential for conducting monetary policy in general and for inflation targeting of central banks in particular. Most of the published empirical studies analyze the response of an aggregate price index like CPI or a consumption deflator and their r...
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ژورنال
عنوان ژورنال: Brazilian Review of Econometrics
سال: 2018
ISSN: 1980-2447
DOI: 10.12660/bre.v38n12018.43674