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Uma análise da transmissão da política monetária e o canal da dívida pública com aplicação aos dados brasileiros
Pires, Manoel Carlos de Castro; Andrade, Joaquim Pinto de - 2009
This paper deals with the role of the public debt on the transmission mechanism of monetary policy. An IS function where the Ricardian Equivalence does not prevail and Phillips curve are estimated by full information maximum likelihood (FIML), General Method of Moments (GMM) and bootstrap...
Persistent link: https://www.econbiz.de/10003823371
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Implications of public debt indexation for monetary policy transmission
Andrade, Joaquim Pinto de; Pires, Manoel Carlos de Castro - In: Journal of applied economics 14 (2011) 2, pp. 257-268
Persistent link: https://www.econbiz.de/10009538220
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Uma análise da transmissão da política monetária e o canal da dívida pública com aplicação
Pires, Manoel Carlos de Castro; Andrade, Joaquim Pinto de - In: Economia aplicada : EA 13 (2009) 4, pp. 439-461
Persistent link: https://www.econbiz.de/10003970645
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Implications of public debt indexation for monetary policy transmission
Andrade, Joaquim Pinto de; Pires, Manoel Carlos de Castro - In: Journal of Applied Economics XIV (2011) November, pp. 257-268
The goal of this paper is to provide a better understanding of monetary policy effectiveness in the case of indexed bonds. When public debt management deals with bonds indexed to the interest rate set by the monetary policy, there is no wealth effect and, as a consequence, monetary policy has a...
Persistent link: https://www.econbiz.de/10010616596
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Um arcabouço para análise da transmissão da política monetária e o canal da dívida pública no Brasil
Pires, Manoel Carlos de Castro; Andrade, Joaquim Pinto de - Associação dos Centros de Pós-Graduação em … - 2008
Persistent link: https://www.econbiz.de/10005085822
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Implications of public debt indexation for monetary policy transmission
Andrade, Joaquim Pinto de; Pires, Manoel Carlos de Castro - In: Journal of applied economics 14 (2011) 2, pp. 257-268
Persistent link: https://www.econbiz.de/10010007042
Cover Image
Uma análise da transmissão da política monetária e o canal da dívida pública com aplicação aos dados brasileiros
Pires, Manoel Carlos de Castro; de Andrade, Joaquim Pinto - 2009
This paper deals with the role of the public debt on the transmission mechanism of monetary policy. An IS function where the Ricardian Equivalence does not prevail and Phillips curve are estimated by full information maximum likelihood (FIML), General Method of Moments (GMM) and bootstrap...
Persistent link: https://www.econbiz.de/10010330619