Effects of monetary policy credibility and the open economy trilemma on monetary policy efficiency

Effects of reputation and credibility on monetary policy: theory and evidence for Brazil Abstract Purpose-The purpose of this paper is to demonstrate that both the reputation of the monetary authority and the credibility of the regime of inflation targeting are important to reduce the inflation bias and the effort of the monetary authority in an emerging economy. Design/methodology/approach–The ...

Montes, Gabriel Caldas, (2014)

Economic policies, macroeconomic environment and entrepreneurs' expectations : evidence from Brazil

Montes, Gabriel Caldas, (2013)

Time-inconsistency problem : less common than we think

Bastos, Julio Cesar Albuquerque, (2014)