Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Interest Rates and Inflation

Interest Rates and Inflation

de Oliveira Fernandes, Beatriz
Alves Brene, Paulo R.

Paperback

Business General

ISBN10: 6206807207
ISBN13: 9786206807209
Publisher: Our Knowledge Publishing
Published: Apr 30 2025
Pages: 52
Weight: 0.18
Height: 0.12 Width: 6.00 Depth: 9.00
Language: English
The main objective of this study is to analyse the correlation between the Selic base interest rate and inflation as measured by the Broad National Consumer Price Index (IPCA) for the monthly period from 1999 to 2015. The topic is justified due to its importance and low sensitivity to interest rates. To answer the research question, a literature review on inflation was conducted, since this topic is even more widely discussed in Brazil as a result of its economic history, marked not only by economic instability but also by failed plans to combat the continuous and widespread increase in prices. The Pearson and Spearman correlation index calculation methodology was used. As a result, it was observed that the Selic rate and inflation have a correlation classified as weak. However, even for the Pearson index, although significant, it was not as expected, as the correlation shows a very delayed effect of the Selic rate. For the Spearman index, hypothesis H0 (no association between the variables) was accepted. However, it was found that the data were not statistically significant.

Also from

de Oliveira Fernandes, Beatriz

View All

Also in

Business General

View All