Narrow search
Showing 1 - 10 of 806
Cover Image
Evolução da política do recolhimento compulsório no Brasil pós-real
Cavalcanti, Marco A. F. H.; Vonbun, Christian - 2013
We present a detailed survey of changes in the reserve requirement system in Brazil and analyze the system's main functions and goals during the period from 1994 to 2012. We identify four different subperiods with respect to the use of this policy tool. In the first subperiod, from july 1994 to...
Persistent link: https://www.econbiz.de/10010331102
Cover Image
Evolução da política do recolhimento compulsório no Brasil pós-real
Cavalcanti, Marco Antônio Freitas de Hollanda; Vonbun, … - 2013
We present a detailed survey of changes in the reserve requirement system in Brazil and analyze the system's main functions and goals during the period from 1994 to 2012. We identify four different subperiods with respect to the use of this policy tool. In the first subperiod, from july 1994 to...
Persistent link: https://www.econbiz.de/10010230124
Cover Image
Convenção e rigidez na política monetária : uma estimativa da função de reação do BCB ; 2000 - 2007
Modenesi, André de Melo (contributor) - 2008
adoption of the inflation targeting regime in Brazil. The BCB`s reaction function has some features that corroborate the thesis … floor; and b) is inattentive to the state of the economy (the inflation and output gaps), and expresses an excessive …
Persistent link: https://www.econbiz.de/10003757828
Cover Image
Decisão de preços em economias monetárias e metas de inflação: a difícil conciliação entre crescimento e estabilidade de preços
Montes, Gabriel Caldas; Feijó, Carmem Aparecida - In: Revista Economia e Sociedade 38 (2009) 12, pp. 23-23
Inflation targeting and price-making in monetary economies: is it possible to conciliate growth with price stability …? - Recently a number of countries have adopted explicit inflation targets as a guide for policy since a numerical target is … attractive for anchoring inflation expectations. Monetary policy, under inflation targeting, is implemented grounded on handling …
Persistent link: https://www.econbiz.de/10008497799
Cover Image
Política monetária, inflação e crescimento econômico: a influência da reputação da autoridade monetária sobre a economia
Montes, Gabriel Caldas - In: Revista Economia e Sociedade 37 (2009) 8, pp. 23-23
Monetary policy, inflation and economic growth: the influence of the monetary authority?s reputation upon the economy … The following paper aims to show that, although a monetary policy, which merely seeks to control inflation through an … interest rate rule (under inflation targeting), may reach such a goal, it will present a worst outcome whether compared to a …
Persistent link: https://www.econbiz.de/10004985694
Cover Image
Regra de Taylor e política monetária em condições de endividamento público no Brasil
Gomes, Cleomar; Holland, Márcio - In: Economia 4 (2003) 2, pp. 333-361
rate, it manages to decrease inflation and the GDP growth. However, these impacts are smoothed by the increase of the debt …
Persistent link: https://www.econbiz.de/10005001632
Cover Image
O que mostram as demonstrações? Balanços e resultados dos bancos centrais
e Silva, Antonio Carlos Macedo - 2016
This paper deals with the financial statements of Central Banks. The starting point is the analysis of their balance sheets, which reveal their strong connections, on the one hand, with the National Treasuries; on the other hand, with the financial firms. The balance sheets reveal, besides the...
Persistent link: https://www.econbiz.de/10011537884
Cover Image
O que mostram as demonstrações? : balanços e resultados dos bancos centrais
Silva, Antonio Carlos Macedo e - 2016
This paper deals with the financial statements of Central Banks. The starting point is the analysis of their balance sheets, which reveal their strong connections, on the one hand, with the National Treasuries; on the other hand, with the financial firms. The balance sheets reveal, besides the...
Persistent link: https://www.econbiz.de/10011530208
Cover Image
Why Did the Banks Overbid? An Empirical Model of the Fixed Rate Tenders of the European Central Bank
Ayuso, Juan; Repullo, Rafael - Banco de España - 2001
This paper tests two hypotheses for the overbidding behavior of the banks in the fixed rate tenders conducted by the European Central Bank from January 1999 until June 2000. One hypothesis attributes the overbidding to expectations of a future tightening of monetary policy, while the other...
Persistent link: https://www.econbiz.de/10005155296
Cover Image
Transparência, condução da política monetária e metas para inflação [Transparency, monetary policy and inflation goals]
Mendonça, Helder Ferreira de - In: Nova Economia 16 (2006) 1, pp. 175-198
Given that several countries have adopted inflation targeting, and that the main objective of this regime is to …
Persistent link: https://www.econbiz.de/10005784947