Central bank’s perception on inflation and inflation expectations of experts

@inproceedings{Montes2015CentralBP,
  title={Central bank’s perception on inflation and inflation expectations of experts},
  author={Gabriel Caldas Montes and Rodolfo Tom{\'a}s da Fonseca Nicolay},
  year={2015}
}
Purpose - – Due to the fact that studies on central bank communication in emerging countries are still scarce and there are few studies related to the influence that central bank’s perspectives about the state of the economy have on inflation expectations in emerging economies, the purpose of this paper is to contribute to the literature in the following aspects: it proposes an indicator of the central bank’s perception of inflation based on the minutes of the COPOM meetings, and, it analyzes… CONTINUE READING