Showing 1 - 10 of 52
la monnaie les traits d'une institution aussi transhistorique qu'universelle. Certes, de nombreux phénomènes qualifiés de … pas que la monnaie soit « souveraine » : seules les communautés politiques sont souveraines, seule la réciprocité, au sens …
Persistent link: https://www.econbiz.de/10008791274
'anthropologie de la monnaie. …
Persistent link: https://www.econbiz.de/10008791668
The interaction of volatility between the financial markets and gold market is analyzed. The volatility of the price of gold in euros, the price of gold in dollars, the U.S. industrial production índex, the S&p500 index, the VIX índex and the PSI20 index for a time horizon between January 1993...
Persistent link: https://www.econbiz.de/10015243168
The article aspires to understand the monetary policy transmission mechanisms and whether they result in the aimed effects. We define and detail these monetary policy transmission mechanisms, showing some recent changes in monetary economics. We emphasize that modern CBs use interests as their...
Persistent link: https://www.econbiz.de/10015252773
This study aims to show that during the cycle of credit expansion occurred in the Brazilian economy between 2003 and 2010, public banks had acted with a degree of liquidity preference higher than that of private banks until the international financial crisis. The need to achieve economic and...
Persistent link: https://www.econbiz.de/10010330628
This paper analyzes the Brazilian growth pattern during the post-liberalization period, emphasizing the structural links between finance and productive capital accumulation. The results indicate a finance-led growth regime in the period 2004-2008, under a very specific financialization process....
Persistent link: https://www.econbiz.de/10010330778
The paper analyzes the development of the contemporary globalized financial system as a consequence of the innovations introduced by private markets, but mostly the strategy of the governments, particularly the US. This new global financial system, based on the floating dollar, generated many...
Persistent link: https://www.econbiz.de/10011372190
The credit increased expressive and continuously throughout the Lula government, even after the 2008 crisis. This study aims to analyze this process and its determinants. We identify two different periods. We concluded that changes in legislation as well as financial innovations, in a favorable...
Persistent link: https://www.econbiz.de/10011372211
This paper analyzes on a comparative basis the impact of the two major contemporary financial crises in Japan and in the United States. They were both the result of the burst of speculative bubbles that had allowed the high increase in the value of real estate and equity. The abrupt reversal of...
Persistent link: https://www.econbiz.de/10011372310
Persistent link: https://www.econbiz.de/10011372357