The Recent Brazilian Disinflation Process and Costs [PDF]
This work revisits the recent disinflation process in Brazil and finds that solely the agents' perception that a policy rupture could occur is capable of triggering a change in the way firms and households used to behave in their pricing and consuming ...
Alexandre A. Tombini +1 more
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Trabalho doméstico e novas tecnologias: proteção em face da automação [PDF]
, 2015 The present research talks about the Domestic Labour and the New Technologies, with focus in the absence of protection in the domestic’s cathegory, towards automation. The general objective is to analyze the Federal Constitution’s Art. 7º section XXVII’s
Santos, Luciana Pessoa Nunes
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Protective measures feasibility for infants of low-income SARS-CoV-2 positive breastfeeding mothers: A prospective multicentre cohort study. [PDF]
J Nurs Manag, 2022 Gonçalves-Ferri WA +25 more
europepmc +1 more source
The Natural Rate of Unemployment in Brazil, Chile, Colombia and Venezuela: some results and challenges [PDF]
This paper summarises the research results obtained by the group of central banks (Brazil, Chile, Colombia and Venezuela) that joined the research program on the Natural Rate of Unemployment – under the coordination of the Central Bank of Brazil – within
Tito Nícias Teixeira da Silva Filho
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Do Inflation-linked Bonds Contain Information about Future Inflation? [PDF]
There is a widespread belief that inflation-linked bonds are a direct source of information about inflation expectations. In this paper we address this issue by analyzing the relationship between break-even inflation (the difference between nominal and ...
José Valentim Machado Vicente +1 more
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Forecasting Bonds Yields in the Brazilian Fixed Income Market [PDF]
This paper studies the predictive ability of a variety of models in forecasting the yield curve for the Brazilian fixed income market. We compare affine term structure models with a variation of the Nelson-Siegel exponential framework developed by ...
Benjamin M. Tabak, Jose Vicente
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Comment on Market Discipline and Monetary Policy by Carl Walsh [PDF]
This paper aims at correcting flaws in the way expectations are set in a paper by Walsh (2000) in order to assess with precision the impact of complex market rigidities and market expectations in the optimal choices of inflation in a monetary game ...
Fabia A. de Carvalho +1 more
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Inflation Targeting, Credibility and Confidence Crises [PDF]
We study the interplay between the central bank transparency, its credibility, and the inflation target level. Based on a model developed in the spirit of the global games literature, we argue that whenever a weak central bank adopts a high degree of ...
Aloisio Araujo, Rafael Santos
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Evaluation of Default Risk for The Brazilian Banking Sector [PDF]
This paper employs new methods to measure and monitor risk in the Brazilian banking sector. We prove that the option-based risk measure is negatively sensitive to interest rates.
Benjamin M. Tabak, Marcelo Y. Takami
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Does Curvature Enhance Forecasting? [PDF]
In this paper, we analyze the importance of curvature term structure movements on forecasts of interest rate means. An extension of the exponential three-factor Diebold and Li (2006) model is proposed, where a fourth factor captures a second type of ...
André Leite +3 more
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