A REGRA DE TAYLOR ESTRUTURALISTA APLICADA A ECONOMIA BRASILEIRA ENTRE 2003 À 2015
Abstract
The Taylor Rule is currently shown to be an important tool for conducting macroeconomic policy in many emerging countries. However, its simple structure, taking into account only exogenous variations without considering the vicissitudes present on the side of the real economy, make it a measure still incomplete. The structuralist Taylor Rule in this article is an alternative proposal for driving the real economy that seeks to take into account the strong impacts generated by the functional distribution between profits and wages, taking the participation of wages as the fundamental component for the decisions of the Central Bank.
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