Why is Inflation so High and Volatile in Brazil? A Primer
7 Pages Posted: 2 Dec 2016
Date Written: November 1, 2016
Abstract
Inflation dynamics in Brazil are high and volatile. This short paper seeks to shed some light on the features of inflation in Brazil and provides a non-exhaustive list, in the way of a primer, of factors that are especially important. It also offers some suggestions for how monetary policy could deal with these factors to control inflation and bring interest rates closer to international levels.
Full Publication: Inflation Mechanisms, Expectations and Monetary Policy
Keywords: Inflation, determinants, monetary policy
JEL Classification: E31, E52, E58
Suggested Citation: Suggested Citation
Volpon, Tony, Why is Inflation so High and Volatile in Brazil? A Primer (November 1, 2016). BIS Paper No. 89f, Available at SSRN: https://ssrn.com/abstract=2870952
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