The Puzzle of Brazil's High Interest Rates /

This paper highlights that real interest rates in Brazil have declined substantially over time, but are still well above the average of emerging market inflation targeting regimes. The adoption of an inflation-targeting regime and better economic fundamentals (reduction in inflation volatility and i...

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Dettagli Bibliografici
Autore principale: Segura-Ubiergo, Alex
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/062
Accesso online:Full text available on IMF