Inflation and debt indexation: the equivalence of two alternative schemes for the case of periodic payments

Detalhes bibliográficos
Autor(a) principal: Faro, Clovis de
Data de Publicação: 1994
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/966
Resumo: The presence of inflation has induced the financial institutions to implement procedures devised to protect the real values of theirs loans. Two of such procedurcs, the floaaing rale scheme and the monetary correction mechanism, tend to lead to very different streams of payments. However, whenever the floating rate scheme follows the rule of Strict adhercnce to lhe Fisher equation, lhe two procedures are financially equivalent.
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spelling Faro, Clovis deEscolas::EPGEFGV2008-05-13T15:43:52Z2008-05-13T15:43:52Z1994-100104-8910http://hdl.handle.net/10438/966The presence of inflation has induced the financial institutions to implement procedures devised to protect the real values of theirs loans. Two of such procedurcs, the floaaing rale scheme and the monetary correction mechanism, tend to lead to very different streams of payments. However, whenever the floating rate scheme follows the rule of Strict adhercnce to lhe Fisher equation, lhe two procedures are financially equivalent.engEscola de Pós-Graduação em Economia da FGVEnsaios Econômicos;248Todo 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 cabíveisinfo:eu-repo/semantics/openAccessInflation and debt indexation: the equivalence of two alternative schemes for the case of periodic paymentsinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleEconomiaIndexação (Economia)InflaçãoEconomiareponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVORIGINAL000086015.pdf000086015.pdfapplication/pdf437313https://repositorio.fgv.br/bitstreams/654969a8-304c-4b36-85f0-919c35bd136c/downloadcc009a88e78f717ea241788bca9c5d6bMD51TEXT000086015.pdf.txt000086015.pdf.txtExtracted texttext/plain18457https://repositorio.fgv.br/bitstreams/d52ed0e7-b604-4091-8685-cf0cbd30e849/download05dccbb4aab5c83c606d47791adc1cd3MD56THUMBNAIL000086015.pdf.jpg000086015.pdf.jpgGenerated Thumbnailimage/jpeg2393https://repositorio.fgv.br/bitstreams/f7d291fe-f5b0-4974-90bc-3251473bffbb/download4dd338e8848cff8ee84e15b8781cd8daMD5710438/9662023-11-09 01:03:21.879open.accessoai:repositorio.fgv.br:10438/966https://repositorio.fgv.brRepositório InstitucionalPRIhttp://bibliotecadigital.fgv.br/dspace-oai/requestopendoar:39742023-11-09T01:03:21Repositório Institucional do FGV (FGV Repositório Digital) - Fundação Getulio Vargas (FGV)false
dc.title.eng.fl_str_mv Inflation and debt indexation: the equivalence of two alternative schemes for the case of periodic payments
title Inflation and debt indexation: the equivalence of two alternative schemes for the case of periodic payments
spellingShingle Inflation and debt indexation: the equivalence of two alternative schemes for the case of periodic payments
Faro, Clovis de
Economia
Indexação (Economia)
Inflação
Economia
title_short Inflation and debt indexation: the equivalence of two alternative schemes for the case of periodic payments
title_full Inflation and debt indexation: the equivalence of two alternative schemes for the case of periodic payments
title_fullStr Inflation and debt indexation: the equivalence of two alternative schemes for the case of periodic payments
title_full_unstemmed Inflation and debt indexation: the equivalence of two alternative schemes for the case of periodic payments
title_sort Inflation and debt indexation: the equivalence of two alternative schemes for the case of periodic payments
author Faro, Clovis de
author_facet Faro, Clovis de
author_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EPGE
dc.contributor.affiliation.none.fl_str_mv FGV
dc.contributor.author.fl_str_mv Faro, Clovis de
dc.subject.area.por.fl_str_mv Economia
topic Economia
Indexação (Economia)
Inflação
Economia
dc.subject.bibliodata.por.fl_str_mv Indexação (Economia)
Inflação
Economia
description The presence of inflation has induced the financial institutions to implement procedures devised to protect the real values of theirs loans. Two of such procedurcs, the floaaing rale scheme and the monetary correction mechanism, tend to lead to very different streams of payments. However, whenever the floating rate scheme follows the rule of Strict adhercnce to lhe Fisher equation, lhe two procedures are financially equivalent.
publishDate 1994
dc.date.issued.fl_str_mv 1994-10
dc.date.accessioned.fl_str_mv 2008-05-13T15:43:52Z
dc.date.available.fl_str_mv 2008-05-13T15:43:52Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/966
dc.identifier.issn.none.fl_str_mv 0104-8910
identifier_str_mv 0104-8910
url http://hdl.handle.net/10438/966
dc.language.iso.fl_str_mv eng
language eng
dc.relation.ispartofseries.por.fl_str_mv Ensaios Econômicos;248
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv Escola de Pós-Graduação em Economia da FGV
publisher.none.fl_str_mv Escola de Pós-Graduação em Economia da FGV
dc.source.none.fl_str_mv reponame:Repositório Institucional do FGV (FGV Repositório Digital)
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