Garcia, Márcio Gomes Pinto; Salomão, Juliana - Departamento de Economia, Pontifícia Universidade … - 2006
More than eleven years after the end of hyperinflation in Brazil, domestic bond markets have been unable to lengthen the average maturity of both public and private bonds. This paper shows that the lengthening is theoretically and practically (we analyzed the experiences of Israel, Mexico and...
