Carneiro, Francisco G.; Divino, José Ângelo C. A.; … - In: Nova Economia 13 (2003) 1, pp. 81-100
to the anticipated changes in the rate of inflation. The analysis is carried out with monthly data for the period 1980 …-97 for three countries with recent histories of chronic high inflation: Argentina, Brazil, and Mexico. A co …-integration analysis has provided evidence of a stable long-run equilibrium relationship between nominal interest rates and the inflation …