The contagion effect of public debt on monetary policy: the brazilian experience

Detalhes bibliográficos
Autor(a) principal: Barbosa, Fernando de Holanda
Data de Publicação: 2005
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/552
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.
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spelling Barbosa, Fernando de HolandaEscolas::EPGEFGV2008-05-13T15:26:30Z2008-05-13T15:26:30Z2005-06-100104-8910http://hdl.handle.net/10438/552This 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.engEscola de Pós-Graduação em Economia da FGVEnsaios Econômicos;591Inter-Bank interest ratePublic debt risk premiumMonetary policy operational proceduresEconomiaEconomiaDívida públicaPolítica monetária - BrasilThe contagion effect of public debt on monetary policy: the brazilian experienceinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlereponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessORIGINAL1857.pdfapplication/pdf147257https://repositorio.fgv.br/bitstreams/51bea93d-662a-4f74-b310-94a41e8d7e87/downloadc5b4c03a1657c73c11fd18154684e150MD51TEXT1857.pdf.txt1857.pdf.txtExtracted texttext/plain26713https://repositorio.fgv.br/bitstreams/dfefce33-8096-47c9-8651-309d5a79d105/download47787fdecb8a492a9eb3cd36be865cc8MD56THUMBNAIL1857.pdf.jpg1857.pdf.jpgGenerated Thumbnailimage/jpeg3247https://repositorio.fgv.br/bitstreams/b87a1b59-95df-4e55-8019-6065f90e1c24/download8ac9086959e7d22ff0d4e378697acd96MD5710438/5522023-11-08 12:06:26.535open.accessoai:repositorio.fgv.br:10438/552https://repositorio.fgv.brRepositório InstitucionalPRIhttp://bibliotecadigital.fgv.br/dspace-oai/requestopendoar:39742023-11-08T12:06:26Repositório Institucional do FGV (FGV Repositório Digital) - Fundação Getulio Vargas (FGV)false
dc.title.eng.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
Economia
Economia
Dívida pública
Política monetária - Brasil
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.unidadefgv.por.fl_str_mv Escolas::EPGE
dc.contributor.affiliation.none.fl_str_mv FGV
dc.contributor.author.fl_str_mv Barbosa, Fernando de Holanda
dc.subject.eng.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
Economia
Economia
Dívida pública
Política monetária - Brasil
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Economia
Dívida pública
Política monetária - Brasil
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 2005
dc.date.issued.fl_str_mv 2005-06-10
dc.date.accessioned.fl_str_mv 2008-05-13T15:26:30Z
dc.date.available.fl_str_mv 2008-05-13T15:26:30Z
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dc.relation.ispartofseries.por.fl_str_mv Ensaios Econômicos;591
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dc.publisher.none.fl_str_mv Escola de Pós-Graduação em Economia da FGV
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