Weak dependence between the Brazilian consumer inflation and expected inflation: Non-linear and Copulas methods and a note on the Central Bank's credibility

• Main Authors: Moreira R.R., Chaiboonsri C., Chaitip P.
• 格式: Article
• 語言: English
• 出版: 2014
• 在線閱讀: http://www.scopus.com/inward/record.url?eid=2-s2.0-84881284739&partnerID=40&md5=3c919bc363b6e634f7486f026e3ddf51; http://cmuir.cmu.ac.th/handle/6653943832/1232

By implementing the Copulas method, this work analyses the dependence relationship or structure between the Brazilian consumer observed inflation and the expected inflation, from January 2005 to June 2011. Its results are consistent with some works for the Brazilian case, as the dependence structure...