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macroeconomic variables, the unemployment rate and the risk measured by the EMBI were also important in determining the loan spread …. The volatility of interest rates, however, showed no significant results. …
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indicates the limits of the Monetary Authority and the Central Bank in controlling interest rates and inflation, while …
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low rates of inflation. In this paper the Brazilian case is analized. (Rev Econ Polit/DÜI) …
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