Um modelo de NAIRU para o Brasil
By: PORTUGAL, Marcelo S
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Contributor(s): MADALOZZO, Regina C.
Material type: 
ArticlePublisher: São Paulo : Editora 34, out./dez. 2000Revista de Economia Política = Brazilian Journal of Political Economy 20, 4 , p. 26-47Abstract: In this article we present some estimates for the Non Accelerating Inflation Rate of Unemployment (NAIRU) using Brazilian Data. Two different models, Nishizaki (1997) and Debelle and Laxton (1997), are used. The NAIRU is estimated using both the IBGE and DIEESE data. The results show a linear Phillips curve for Brazil, and allow a good estimate of the NAIRU. For the IBGE data we obtain a time varying NAIRU while for the DIEESE data best estimate generates a fixed NAIRU. Our results are in line with the acceleration of inflation during the eighths and the price stability that follow the Real Plan
In this article we present some estimates for the Non Accelerating Inflation Rate of Unemployment (NAIRU) using Brazilian Data. Two different models, Nishizaki (1997) and Debelle and Laxton (1997), are used. The NAIRU is estimated using both the IBGE and DIEESE data. The results show a linear Phillips curve for Brazil, and allow a good estimate of the NAIRU. For the IBGE data we obtain a time varying NAIRU while for the DIEESE data best estimate generates a fixed NAIRU. Our results are in line with the acceleration of inflation during the eighths and the price stability that follow the Real Plan
Revista de Economia Política 2000
v. 20, n. 4(80)
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