The contagion effect of public debt on monetary policy: the Brazilian experience
Autor(a) principal: | |
---|---|
Data de Publicação: | 2006 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Revista de Economia Política |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000200004 |
Resumo: | This paper attempts to explain why the Brazilian inter-bank interest rate is so high compared with rates practiced by other emerging economies. The interplay between the markets for bank reserves and government securities feeds into the inter-bank rate the risk premium of the Brazilian public debt. |
id |
EDITORA_34-1_71caa21e57d4e1a55a260ad30dd62156 |
---|---|
oai_identifier_str |
oai:scielo:S0101-31572006000200004 |
network_acronym_str |
EDITORA_34-1 |
network_name_str |
Revista de Economia Política |
repository_id_str |
|
spelling |
The contagion effect of public debt on monetary policy: the Brazilian experienceinter-bank interest ratepublic debt risk premiummonetary policy operational proceduresThis paper attempts to explain why the Brazilian inter-bank interest rate is so high compared with rates practiced by other emerging economies. The interplay between the markets for bank reserves and government securities feeds into the inter-bank rate the risk premium of the Brazilian public debt.Centro de Economia Política2006-06-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000200004Brazilian Journal of Political Economy v.26 n.2 2006reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/S0101-31572006000200004info:eu-repo/semantics/openAccessBarbosa,Fernando de Holandaeng2006-05-25T00:00:00Zoai:scielo:S0101-31572006000200004Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2006-05-25T00:00Revista de Economia Política - EDITORA 34false |
dc.title.none.fl_str_mv |
The contagion effect of public debt on monetary policy: the Brazilian experience |
title |
The contagion effect of public debt on monetary policy: the Brazilian experience |
spellingShingle |
The contagion effect of public debt on monetary policy: the Brazilian experience Barbosa,Fernando de Holanda inter-bank interest rate public debt risk premium monetary policy operational procedures |
title_short |
The contagion effect of public debt on monetary policy: the Brazilian experience |
title_full |
The contagion effect of public debt on monetary policy: the Brazilian experience |
title_fullStr |
The contagion effect of public debt on monetary policy: the Brazilian experience |
title_full_unstemmed |
The contagion effect of public debt on monetary policy: the Brazilian experience |
title_sort |
The contagion effect of public debt on monetary policy: the Brazilian experience |
author |
Barbosa,Fernando de Holanda |
author_facet |
Barbosa,Fernando de Holanda |
author_role |
author |
dc.contributor.author.fl_str_mv |
Barbosa,Fernando de Holanda |
dc.subject.por.fl_str_mv |
inter-bank interest rate public debt risk premium monetary policy operational procedures |
topic |
inter-bank interest rate public debt risk premium monetary policy operational procedures |
description |
This paper attempts to explain why the Brazilian inter-bank interest rate is so high compared with rates practiced by other emerging economies. The interplay between the markets for bank reserves and government securities feeds into the inter-bank rate the risk premium of the Brazilian public debt. |
publishDate |
2006 |
dc.date.none.fl_str_mv |
2006-06-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000200004 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000200004 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1590/S0101-31572006000200004 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Centro de Economia Política |
publisher.none.fl_str_mv |
Centro de Economia Política |
dc.source.none.fl_str_mv |
Brazilian Journal of Political Economy v.26 n.2 2006 reponame:Revista de Economia Política instname:EDITORA 34 instacron:EDITORA_34 |
instname_str |
EDITORA 34 |
instacron_str |
EDITORA_34 |
institution |
EDITORA_34 |
reponame_str |
Revista de Economia Política |
collection |
Revista de Economia Política |
repository.name.fl_str_mv |
Revista de Economia Política - EDITORA 34 |
repository.mail.fl_str_mv |
||cecilia.heise@bjpe.org.br |
_version_ |
1754122480343056384 |