The authors aim at obtaining a simple econometric model that allows to build a confidence interval for the dispersion of the bids made by financial institutions at the Central Bank weekly auctions of short term securities in Brazil. Under competitive conditions it is assumed that the bids'...

This paper suggests a special insurance agency for the financing of innovative investments. The objective of this agency is to establish a link between the banking system and the innovation system. Supporting an increase in the amount of private resources allocated to the financing of innovative...