Browsing FGV EESP - Textos para Discussão / Working Paper Series by Subject "Política monetária - Brasil"

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Credit shocks and monetary policy in Brazil: a structural FAVAR approach

Fonseca, Marcelo Gonçalves da Silva; Pereira, Pedro L. Valls
2014-05-05

This paper investigates the implications of the credit channel of the monetary policy transmission mechanism in the case of Brazil, using a structural FAVAR (SFAVAR) approach. The term structural comes from the estimation ...
Uma nova versão para a política monetária do Plano de Ação Econômica do Governo (Paeg)

Arvate, Paulo Roberto; Lucinda, Cláudio Ribeiro de
2002-09-01

There is divergence between Lara Resende (1982) and Cysne (1993) about what was determine to not to obey of monetary target that serve how an instruments of inflation combat on PAEG´s. To understand what happened, we rebuild ...