A modified Taylor rule for the Brazilian economy: convention and conservatism in eleven years of inflation targeting (2000-2010)

Modenesi, André de Melo; Martins, Norberto Montani; Modenesi, Rui Lyrio

doi:10.2753/pke0160-3477350308

Cited by 16 publications

(2 citation statements)

References 42 publications

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“…Conversely, “hostile sexism” conceptualized the manner in which non-conformity is punished. During this period, conservatism in the Brazilian political sphere was on the rise (De Melo Modenesi et al, 2013 ). Following this line of reasoning, as sexism increased, leading to gender roles became more strictly policed, rates and severity of homophobic ideology and treatment would have followed.…”

Section: Discussionmentioning

confidence: 99%

The Experience of Sexual Stigma and the Increased Risk of Attempted Suicide in Young Brazilian People from Low Socioeconomic Group

et al. 2017

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This study was intended to analyze the intersection of experience of sexual stigma low-socioeconomic status, and suicide attempt amongst young Brazilians (11–24 years old). In each of the data collection periods (2004–2006: n = 7185; 2010–2012: n = 2734), participants completed a questionnaire-based instrument. Network analysis provided support for a Minority Stress Model, oriented around whether participants had experienced sexual stigma. Although suicide attempts decreased by 20% for participants who had not experienced sexual stigma, there was a 60% increase for those who had experienced sexual stigma. Of particular note were the increases in rates of reported community and familial physical assault, molestation, and rape for those who had experienced sexual stigma. An analysis of centrality statistics demonstrated that both experiences of this Minority Stress Model were fundamentally different, and that those disparities increased over the time frame observed in this study. At the center of this model, shortest paths statistics exhibited a direct conditioned connection between experiencing sexual stigma and suicide attempts. We discuss the social and historical contexts that contributed to these dynamics, and emphasize the need for policy change.

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Section: Discussionmentioning

confidence: 99%

The Experience of Sexual Stigma and the Increased Risk of Attempted Suicide in Young Brazilian People from Low Socioeconomic Group

et al. 2017

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“…Jaqueson and Marcelo (2013) indicated that a present-value, forward-looking model shows evidence of exchange rate predictability. Modenesi, Martins, and Modenesi (2013) showed that inclusion of a high degree of interest rate smoothing fits well with the Taylor rule. Branch (2014) found that macroeconomic forecast uncertainty is linked with more passive policy.…”

Section: Theoretical Aspectsmentioning

confidence: 87%

Taylor Rule During the Zero or Low Interest Rate Era: The Recent Japanese Case

Kurihara¹

2016

AEF

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The Taylor rule has been discussed a lot in theoretical and empirical studies. However, interest rates are quite low all over the world. Japan is no exception. Instead of traditional monetary policy based on interest rates, unconventional monetary policy based on money has been ongoing. This paper investigates whether the Taylor rule fits well in the recent Japanese case. With some other variables added to the Taylor rule along with price gap and output gap, the augmented Taylor rule is examined empirically. The empirical results show that the traditional Taylor rule is more appropriate than most augmented ones; however, exchange rate should be taken into account in determining monetary policy. Moreover, a more aggressive monetary policy from the latter part of the 2000s is needed.

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