Nunes, Clemens; Gomes, Cleomar; Brito, Marcio Holland de - Escola de Economia de São Paulo (EESP), Fundação … - 2009
This paper examines how monetary policy decisions in Brazil, regarding short term interest rates, have affected the term structure of interest rate. We apply an event study methodology in two distinct periods: between January 2000 and August 2003, right after the implementation of the inflation...