Detalhes bibliográficos
| Ano de defesa: |
2012 |
| Autor(a) principal: |
Santos, Cristiano da Silva |
| Orientador(a): |
Não Informado pela instituição |
| Banca de defesa: |
Não Informado pela instituição |
| Tipo de documento: |
Dissertação
|
| Tipo de acesso: |
Acesso aberto |
| Idioma: |
por |
| Instituição de defesa: |
Não Informado pela instituição
|
| Programa de Pós-Graduação: |
Não Informado pela instituição
|
| Departamento: |
Não Informado pela instituição
|
| País: |
Não Informado pela instituição
|
| Palavras-chave em Português: |
|
| Link de acesso: |
http://www.repositorio.ufc.br/handle/riufc/5408
|
Resumo: |
This paper proposes a new measure of core inflation called systematic core and makes a comparative evaluation with conventional cores used by the Central Bank of Brazil. To estimate the systematic core is proposed in this paper used the method of decomposition empirical methods, which is able to separate noise data by spectral decomposition and partial reconstruction of the series of inflation. The evaluation and comparison of the cores of inflation are performed by testing econometric predictions outside the sample. The empirical results show that conventional cores used by the Central Bank does not contribute to forecast inflation out of sample and not have all the desirable statistical properties for which a nucleus. Already the new measure of core obtained in this work contributed to predict inflation out of sample and answered the statistical properties of non-biased, attractor of inflation and weakly exogenous, having therefore the characteristics required for a measure to be useful to policy objectives monetary. |
