Cargando…

Monetary Transmission in an Emerging Targeter : the Case of Brazil.

Annotation

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Pagan, A. R. (Autor), Laxton, Douglas (Autor), Cato, Luis (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, Aug. 2008.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo

MARC

LEADER 00000cam a2200000Mi 4500
001 EBOOKCENTRAL_ocn887352142
003 OCoLC
005 20240329122006.0
006 m o d
007 cr |n|||||||||
008 130723e20080801dcu o 000 0 eng d
040 |a VT2  |b eng  |e pn  |c VT2  |d EBLCP  |d U3G  |d YDXCP  |d OCLCQ  |d DEBBG  |d ZCU  |d MERUC  |d ICG  |d OCLCF  |d OCLCO  |d VT2  |d CEF  |d OCLCQ  |d WYU  |d DKC  |d OCLCQ  |d OCLCO  |d OCLCQ  |d OCLCO  |d OCLCL 
019 |a 870245316  |a 1056418625 
020 |a 9781451915020 
020 |a 1451915020  |q (E-Book) 
029 1 |a DEBBG  |b BV044066429 
035 |a (OCoLC)887352142  |z (OCoLC)870245316  |z (OCoLC)1056418625 
037 |b 00013468 
043 |a s-bl--- 
050 4 |a HG3881.5.I58 
082 0 4 |a 332.410981  |2 23 
049 |a UAMI 
100 1 |a Pagan, A. R.,  |e author. 
245 1 0 |a Monetary Transmission in an Emerging Targeter :  |b the Case of Brazil. 
260 |a Washington :  |b International Monetary Fund,  |c Aug. 2008. 
300 |a 1 online resource (92 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF Working Papers 
520 8 |a Annotation  |b This paper lays out a structural model that incorporates key features of monetary transmission in typical emerging-market economies, including a bank-credit channel and the role of external debt accumulation on country risk premia and exchange rate dynamics. We use an SVAR representation of the model to study the monetary transmission in Brazil. We find that interest rate changes have swifter effects on output and inflation compared to advanced economies and that exchange rate dynamics plays a key role in this connection. Importantly, the response of inflation to monetary policy shocks has grown stronger and the output-inflation tradeoff improved since the introduction of inflation targeting. 
505 0 |a I. Introduction; II. Existing Evidence on Brazil; III. The Structural Model; IV. SVAR Representation; V. Producing Gap Measures; VI. The Brazilian Data Set; VII. SVAR Estimates; VIII. Conclusion; References; Appendix: Derivation of External Liability Equation; Figures; 1. Brazil: Monetary and Price Indicators; 2. Brazil: Output Indicators; 3. Brazil: External Indicators; 4. Brazil: Financial Indicators; 5. BN- and HP-filter Gaps; 6. Impulse-Responses to 100 bp Monetary Tightening, 1999q2:2:007q (in percent); 7. Impulse-Responses to 1% Credit Growth Shock, 1999q2:2007q (in percent). 
505 8 |a 8. Impulse-Responses to 100 bp Monetary Tightening with HP Gap Measures, 1999:2-2007Q (in percent)9. Impulse-Responses to 100 bp Monetary Tightening, 2001q2-2007q (in percent); 10. Impulse-Responses to 1% Credit Growth Shock, 2001q2-2007q (in percent); 11. Recursive Coefficient Estimates of Output Gap in Inflation Equation. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Inflation (Finance)  |z Brazil  |x Econometric models. 
650 0 |a Transmission mechanism (Monetary policy)  |z Brazil  |x Econometric models. 
650 0 |a Monetary policy  |z Brazil  |x Econometric models. 
650 6 |a Inflation  |z Brésil  |x Modèles économétriques. 
650 6 |a Mécanismes de transmission (Politique monétaire)  |z Brésil  |x Modèles économétriques. 
650 6 |a Politique monétaire  |z Brésil  |x Modèles économétriques. 
650 7 |a Inflation (Finance)  |x Econometric models  |2 fast 
650 7 |a Monetary policy  |x Econometric models  |2 fast 
651 7 |a Brazil  |2 fast  |1 https://id.oclc.org/worldcat/entity/E39QbtfRB9KGtqfkFTFbfB77QY 
700 1 |a Laxton, Douglas,  |e author. 
700 1 |a Cato, Luis,  |e author. 
758 |i has work:  |a Monetary transmission in an emerging targeter (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCGMfwqpMJWqjwvQrhf7JXd  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Pagan, A.R.  |t Monetary Transmission in an Emerging Targeter: The Case of Brazil.  |d Washington : International Monetary Fund, ©2008  |z 9781451870497 
830 0 |a IMF Working Papers. 
856 4 0 |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1607974  |z Texto completo 
938 |a EBL - Ebook Library  |b EBLB  |n EBL1607974 
938 |a YBP Library Services  |b YANK  |n 11617756 
994 |a 92  |b IZTAP