Essays on the monetary aspects of the term structure of nominal interest rates
Autor(a) principal: | |
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Data de Publicação: | 2001 |
Tipo de documento: | Tese |
Idioma: | eng |
Título da fonte: | Repositório Institucional do FGV (FGV Repositório Digital) |
Texto Completo: | https://hdl.handle.net/10438/1027 |
Resumo: | Interest rates are key economic variables to much of finance and macroeconomics, and an enormous amount of work is found in both fields about the topic. Curiously, in spite of their common interest, finance and macro research on the topic have seldom interacted, using different approaches to address its main issues with almost no intersection. Concerned with interest rate contingent claims, finance term structure models relate interest rates to lagged interest rates; concerned with economic relations and macro dynamics, macro models regress a few interest rates on a wide variety of economic variables. If models are true though simplified descriptions of reality, the relevant factors should be captured by both the set of bond yields and that of economic variables. Each approach should be able to address the other field concerns with equal emciency, since the economic variables are revealed by the bond yields and these by the economic variables. |
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Brito, Ricardo Dias de OliveiraEscolas::EPGEPastore, Afonso CelsoGonçalves, Franklin de O.Garcia, MárcioBühler, WolfgangFlôres Junior, Renato Galvão2008-05-13T15:50:55Z2008-05-13T15:50:55Z2001-09-05BRITO, Ricardo Dias de Oliveira. Essays on the monetary aspects of the term structure of nominal interest rates. Tese (Doutorado em Economia) - Escola de Pós-Graduação em Economia, Fundação Getúlio Vargas - FGV, Rio de Janeiro, 2001.https://hdl.handle.net/10438/1027Interest rates are key economic variables to much of finance and macroeconomics, and an enormous amount of work is found in both fields about the topic. Curiously, in spite of their common interest, finance and macro research on the topic have seldom interacted, using different approaches to address its main issues with almost no intersection. Concerned with interest rate contingent claims, finance term structure models relate interest rates to lagged interest rates; concerned with economic relations and macro dynamics, macro models regress a few interest rates on a wide variety of economic variables. If models are true though simplified descriptions of reality, the relevant factors should be captured by both the set of bond yields and that of economic variables. Each approach should be able to address the other field concerns with equal emciency, since the economic variables are revealed by the bond yields and these by the economic variables.engTodo cuidado foi dispensado para respeitar os direitos autorais deste trabalho. Entretanto, caso esta obra aqui depositada seja protegida por direitos autorais externos a esta instituição, contamos com a compreensão do autor e solicitamos que o mesmo faça contato através do Fale Conosco para que possamos tomar as providências cabíveis.info:eu-repo/semantics/openAccessEssays on the monetary aspects of the term structure of nominal interest ratesinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/doctoralThesisEconomiaPolítica monetáriaTaxas de jurosreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVORIGINAL000305767.pdf000305767.pdfPDFapplication/pdf6343558https://repositorio.fgv.br/bitstreams/f05cab68-7cd2-4060-a365-d6cc40542e05/downloadae2147e58ed8cffd94472d7ab3b39418MD51TEXT000305767.pdf.txt000305767.pdf.txtExtracted Texttext/plain169599https://repositorio.fgv.br/bitstreams/540d3cb7-96ba-4c32-8b27-8aed062e71bb/downloadc958ca44171d30ecb84418d7ba6e8b25MD52THUMBNAIL000305767.pdf.jpg000305767.pdf.jpgGenerated Thumbnailimage/jpeg1788https://repositorio.fgv.br/bitstreams/cf7c2324-864a-4d3a-89a4-c2506cc83d83/downloadaf55f3943d8099c0a93cedb9dc61fdd4MD5310438/10272024-06-18 16:56:49.934open.accessoai:repositorio.fgv.br:10438/1027https://repositorio.fgv.brRepositório InstitucionalPRIhttp://bibliotecadigital.fgv.br/dspace-oai/requestopendoar:39742024-06-18T16:56:49Repositório Institucional do FGV (FGV Repositório Digital) - Fundação Getulio Vargas (FGV)false |
dc.title.eng.fl_str_mv |
Essays on the monetary aspects of the term structure of nominal interest rates |
title |
Essays on the monetary aspects of the term structure of nominal interest rates |
spellingShingle |
Essays on the monetary aspects of the term structure of nominal interest rates Brito, Ricardo Dias de Oliveira Economia Política monetária Taxas de juros |
title_short |
Essays on the monetary aspects of the term structure of nominal interest rates |
title_full |
Essays on the monetary aspects of the term structure of nominal interest rates |
title_fullStr |
Essays on the monetary aspects of the term structure of nominal interest rates |
title_full_unstemmed |
Essays on the monetary aspects of the term structure of nominal interest rates |
title_sort |
Essays on the monetary aspects of the term structure of nominal interest rates |
author |
Brito, Ricardo Dias de Oliveira |
author_facet |
Brito, Ricardo Dias de Oliveira |
author_role |
author |
dc.contributor.unidadefgv.por.fl_str_mv |
Escolas::EPGE |
dc.contributor.member.none.fl_str_mv |
Pastore, Afonso Celso Gonçalves, Franklin de O. Garcia, Márcio Bühler, Wolfgang |
dc.contributor.author.fl_str_mv |
Brito, Ricardo Dias de Oliveira |
dc.contributor.advisor1.fl_str_mv |
Flôres Junior, Renato Galvão |
contributor_str_mv |
Flôres Junior, Renato Galvão |
dc.subject.area.por.fl_str_mv |
Economia |
topic |
Economia Política monetária Taxas de juros |
dc.subject.bibliodata.por.fl_str_mv |
Política monetária Taxas de juros |
description |
Interest rates are key economic variables to much of finance and macroeconomics, and an enormous amount of work is found in both fields about the topic. Curiously, in spite of their common interest, finance and macro research on the topic have seldom interacted, using different approaches to address its main issues with almost no intersection. Concerned with interest rate contingent claims, finance term structure models relate interest rates to lagged interest rates; concerned with economic relations and macro dynamics, macro models regress a few interest rates on a wide variety of economic variables. If models are true though simplified descriptions of reality, the relevant factors should be captured by both the set of bond yields and that of economic variables. Each approach should be able to address the other field concerns with equal emciency, since the economic variables are revealed by the bond yields and these by the economic variables. |
publishDate |
2001 |
dc.date.issued.fl_str_mv |
2001-09-05 |
dc.date.accessioned.fl_str_mv |
2008-05-13T15:50:55Z |
dc.date.available.fl_str_mv |
2008-05-13T15:50:55Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/doctoralThesis |
format |
doctoralThesis |
status_str |
publishedVersion |
dc.identifier.citation.fl_str_mv |
BRITO, Ricardo Dias de Oliveira. Essays on the monetary aspects of the term structure of nominal interest rates. Tese (Doutorado em Economia) - Escola de Pós-Graduação em Economia, Fundação Getúlio Vargas - FGV, Rio de Janeiro, 2001. |
dc.identifier.uri.fl_str_mv |
https://hdl.handle.net/10438/1027 |
identifier_str_mv |
BRITO, Ricardo Dias de Oliveira. Essays on the monetary aspects of the term structure of nominal interest rates. Tese (Doutorado em Economia) - Escola de Pós-Graduação em Economia, Fundação Getúlio Vargas - FGV, Rio de Janeiro, 2001. |
url |
https://hdl.handle.net/10438/1027 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
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info:eu-repo/semantics/openAccess |
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openAccess |
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