This paper presents a comprehensive examination of the determination and evolution of
inflation expectations, with a focus on emerging market and developing economies …

Abstract The Working Papers should not be reported as representing the views of the Banco
Central do Brasil. The views expressed in the papers are those of the author (s) and do not …

The literature on transparency and central bank communication and the literature on
disagreement about expectations are evolving; however, both have been evolving …

This study examines the effect of the transparency of central banks communication on credit
market. In particular, this study investigates how central banks' effort to provide more …

This study relates to the literature on the exchange rate pass-through effect on inflation for
developing economies under inflation targeting. The novelty concerns the investigation of …

Yes. This study produces evidence that monetary policy transparency and communication
policy of the Bank of England have information content in reducing disagreement about …

This study is a contribution to the literature concerning credibility and its effect on the
distribution between forward-looking behavior and backward-looking behavior for formation …

This paper relates to the literature on the possible effect of inflation targeting on fiscal
discipline in developing countries. In particular, we present empirical evidence to address …

We analyze whether the Central Bank of Brazil's Inflation Reports projections influences the
private's inflation expectations. Specifically, we investigate how the central bank's inflation …

This paper provides empirical evidence of the lack of fiscal transparency's effect (fiscal
opacity) on the government's budget deficit on economic growth expectations. Based on the …