Record Details


Field	Value

Title	Is Inflation Persistence Over?

Creator	Oliveira, Fernando Nascimento; Banco Central do Brasil e IBMEC/RJ Petrassi, Myrian Beatriz Silva; Banco Central do Brasil

Description	We analyze inflation persistence in several industrial and emerging countries in the recent past by estimating reduced-form models of inflation dynamics. We select a very representative group of 23 industrial and 17 emerging economies. Our sample period is comprised of quarterly data and starts in the first quarter of 1995. Our results show that inflation persistence is low and stable for all countries in our sample. It seems to be lower in industrial relative to emerging countries. Finally, even countries that have had “hyperinflation” experience in the recent past showed low levels of inflation persistence, albeit apparently higher than the other countries in our sample.

Publisher	Escola de Pós-Graduação em Economia da FGV

Contributor	—

Date	2014-09-03

Type	info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Articles Artigos

Format	application/pdf

Identifier	http://bibliotecadigital.fgv.br/ojs/index.php/rbe/article/view/2549

Source	Revista Brasileira de Economia; v. 68, n. 3 (2014); 393-422 Revista Brasileira de Economia; v. 68, n. 3 (2014); 393-422 0034-7140 0034-7140

Language	por

Relation	http://bibliotecadigital.fgv.br/ojs/index.php/rbe/article/view/2549/35437

Since 2014