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Brazilian Journal of Political Economy

versão impressa ISSN 0101-3157versão On-line ISSN 1809-4538

Resumo

MONTES, Gabriel Caldas. Inflation targets in perspective: the influence of the reputation-credibility-transparency trinomial on economics. Rev. Econ. Polit. [online]. 2008, vol.28, n.4, pp.648-668. ISSN 1809-4538.  http://dx.doi.org/10.1590/S0101-31572008000400007.

Although inflation target regime seeks to serve as a reference for the expectation formation process of the agents, its implementation does not necessarily imply the acquisition or the best result in terms of economic growth. The present article aims the development of a model that explains, by firms' investment decisions, the product path behavior, undertaking monetary authority may present distinct situations associated with the reputation-credibility-transparency trinomial. The article also detaches different kinds of reputation and its degrees.

Palavras-chave : reputation; transparency; inflation target; nvestment.

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