Banca de QUALIFICAÇÃO: RAÍ DE OLIVEIRA GOMES

Uma banca de QUALIFICAÇÃO de MESTRADO foi cadastrada pelo programa.
STUDENT : RAÍ DE OLIVEIRA GOMES
DATE: 10/12/2025
TIME: 10:00
LOCAL: Video Conferência
TITLE:

 Tariffs, Inflation, and Monetary Policy: Evidence from an Open-Economy New Keynesian Model with Armington for Brazil

KEY WORDS:

Macroeconomics, Monetary Policy, Tariffs

PAGES: 9
BIG AREA: Ciências Sociais Aplicadas
AREA: Economia
SUMMARY:

This study examines how tariff shocks affect inflation, the output gap, and monetary policy in Brazil using an open-economy New Keynesian model with Armington aggregation and Calvo price rigidity. The framework distinguishes between domestic and imported goods, explicitly constructs the CPI, and incorporates stochastic shocks alongside alternative monetary policy regimes — including a standard Taylor rule and a look-through scenario that anchors domestic PPI. Using a calibration tailored to the Brazilian economy, the analysis compares the dynamic effects of tariffs under each regime and evaluates the extent to which monetary policy should, or should not, respond immediately to externally driven price increases.

COMMITTEE MEMBERS:
Interna - 2964829 - DANIELA FREDDO
Presidente - 1229140 - ROBERTO DE GOES ELLERY JUNIOR