How Long to Read What Drives Inflation Expectations in Brazil? An Empirical Analysis

By Martin Cerisola

How Long Does it Take to Read What Drives Inflation Expectations in Brazil? An Empirical Analysis?

It takes the average reader and 22 minutes to read What Drives Inflation Expectations in Brazil? An Empirical Analysis by Martin Cerisola

Assuming a reading speed of 250 words per minute. Learn more

Description

This study examines the macroeconomic determinants of survey inflation expectations in Brazil since the adoption of inflation targeting in 1999. The results suggest that the inflation targeting framework has helped anchor expectations, with the dispersion of inflation expectations declining considerably, particularly during periods of high uncertainty. We also find that apart from the inflation target, the stance of fiscal policy, as proxied by the ratio of the consolidated primary surplus to GDP, has been instrumental in shaping expectations. The importance of past inflation in determining expectations appears to be relatively low, and the overall empirical evidence does not suggest the presence of substantial inertia in the inflation process.

How long is What Drives Inflation Expectations in Brazil? An Empirical Analysis?

What Drives Inflation Expectations in Brazil? An Empirical Analysis by Martin Cerisola is 22 pages long, and a total of 5,544 words.

This makes it 7% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read What Drives Inflation Expectations in Brazil? An Empirical Analysis Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 30 minutes to read What Drives Inflation Expectations in Brazil? An Empirical Analysis aloud.

What Reading Level is What Drives Inflation Expectations in Brazil? An Empirical Analysis?

What Drives Inflation Expectations in Brazil? An Empirical Analysis is suitable for students ages 8 and up.

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