Browsing FGV EPGE - Ensaios Econômicos by Subject "Política monetária - Brasil"
Now showing items 1-16 of 16
-
Central Bank credibility and inflation expectations: a microfounded forecasting approach
Credibility is elusive and no generally agreed upon measure of it exists. Despite that, Blinder (2000) generated a consensus in the literature by arguing that ”A central bank is credible if people believe it will do what ... -
A Constituição, os juros e a economia
1992-04 -
The contagion effect of public debt on monetary policy: the brazilian experience
2005-06-10This paper attempts to explain why the Brazilian inter-bank interest rate is so high compared with rates practiced by other emerging economies. The interplay between the markets for bank reserves and government securities ... -
A demanda de reservas bancárias no Brasil
2005-03-01Este trabalho tem como objetivo testar a hipótese de que a demanda de reservas bancárias no Brasil, entre períodos de movimentação, independe da taxa SELIC de juros do mercado interbancário. A evidência empírica é baseada ... -
Effects of the real plan of the Brazilian banking system
1997-05The aim of this paper is to assess the progress of the banking sector before and shortly after the Real Plan. We began by assessing the drop in the inflation revenues (negative real interest rates paid by the excess of ... -
Reforma financeira: aspectos gerais e análise do projeto de lei complementar
1993-02Como se sabe, o artigo 192 da Constituição Federal de 1988 estabelece a necessidade de criação de uma Lei Complementar reguladora do sistema financeiro nacional. Com este objetivo já foram apresentados vários Projetos de ... -
Regras monetárias e dinâmica macroeconômica no Brasil: uma abordagem de expectativas racionais
2001-02-01In this article, we estimate and simulate an open rational expectations macro model for the Erazilian economy. Our goal is to identify the features of optimal monetary rules and their consequences for the model's shortterm ...
