Araujo, Elisangela Luzia; Araújo, Eliane Cristina de; … - In: PSL quarterly review 73 (2020) 292, pp. 27-49
In light of the global financial cycle (GFC), this paper investigates the effectiveness of monetary policy in Brazil since the adoption of the inflation targeting regime. The theoretical section analyses monetary policy from the New Macroeconomic Consensus perspective, emphasizing the...