No contexto de transição regulamentar para os padrões do acordo de Basiléia II, este artigo analisa o comportamento cíclico do capital bancário brasileiro sob a regulação atual. Utilizamos um painel não-balanceado de dados dos bancos operando no Brasil entre 2003 e 2008 para estimar,...

This paper proposes a preliminary analysis of the main tendencies of the Brazilian economic growth considering their long-term determinants. During the postliberalization period, new opportunities have appeared to Brazil in order to meet again a new development path. But in spite of the price...

This paper proposes a preliminary analysis of the main tendencies of the Brazilian economic growth considering their long-term determinants. During the postliberalization period, new opportunities have appeared to Brazil in order to meet again a new development path. But in spite of the price...

The article discusses, based in the theory of Central Bank independence and in the process of formation of the Brazilian monetary authority, the autonomy de facto of BCB inside the State and in face to civil society. Although it is not formally independent, for not disposing of the exclusive...

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...

The article discusses, based in the theory of Central Bank independence and in the process of formation of the Brazilian monetary authority, the autonomy "de facto" of BCB inside the State and in face to civil society. Although it is not formally independent, for not disposing of the exclusive...

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...

Portuguese Abstract: Visando incrementar a integração nacional às finanças globais, as autoridades regulatórias brasileiras têm progressivamente absorvido normas harmonizadas que afetam diretamente a arquitetura do mercado financeiro interno. O Comitê da Basiléia iniciou seus trabalhos...

The English version of this paper can be found at 'http://ssrn.com/abstract=2510297' http://ssrn.com/abstract=2510297Portuguese Abstract: Este artigo descreve a política conjunta de Brasil e Argentina relativa ao uso de moedas locais no comércio bilateral. A estrutura do Sistema de Pagamentos...