Intro -- Contents -- I. INTRODUCTION -- II. SOME HISTORICAL PERSPECTIVE -- III. SIMPLE ANALYTICS OF GLOBAL INTEREST RATE DETERMINATION -- IV. AN ASSET-PRICING PERSPECTIVE -- V. ECONOMETRIC EVIDENCE -- VI. CONCLUSIONS -- APPENDIX I. THEORETICAL FRAMEWORK -- REFERENCES.

Contents -- I. INTRODUCTION -- II. ANALYTICAL MODEL -- III. DATA AND ESTIMATION METHODS -- IV. EMPIRICAL FINDINGS -- V. THE "MYSTERY" OF HIGH INTEREST RATES IN BRAZIL -- VI. CONCLUSIONS -- APPENDIX: DATA SOURCES AND PROCEDURES -- REFERENCES