Analysis of SELIC rate, GDP and Inflation in Brazil, from 2007 to 2016
Article Sidebar
Main Article Content
Abstract
This article aims to identify a relation between changes in the base interest rate (SELIC), in Brazil, on inflation and GDP (Gross Domestic Product), as well as the degree of this relation. In monetary policy context, it is understood that a reduction in the interest rate implies an increase in productive activity and, on the other hand, a tendency towards an increase in inflation. In order to answer this question, Pearson's linear coefficient, which measures the degree of relationship between the variables under study, was used in addition to descriptive analysis. Therefore, it can be concluded that the variation in the interest rate has a greater relation to GDP and a lower relation with inflation.
Downloads
Article Details
This work is licensed under a Creative Commons Attribution 4.0 International License.
All articles published in e3 – Journal of Economics, Business and Entrepreneurship in the community of Portuguese-speaking countries are licensed under the Creative Commons Attribution (CC BY) license.
This license allows users to share (copy and redistribute the material in any medium or format) and adapt (remix, transform, and build upon the material) for any purpose, including commercial use, provided that appropriate credit is given to the original author(s) and the journal, a link to the license is provided, and any changes made are indicated.
