Siegel (NS) parametrization of the yield curve to predict the Brazilian term structure of interest rates. Importantly, we …

We use no arbitrage models with macro variables to study the interaction between the macroeconomy and the yield curve …) Monetary Authorities are conservative in Brazil, smoothing short rate fluctuations; 3) inflation shock, or slope shock …

The paper undertakes a dynamic analysis for service quality in the electricity distribution in Brazil between 2010 and …