RATE OF INTEREST AND PUBLIC DEBT EXCHANGE: AN ANALYSIS FOR BRAZIL

Detalhes bibliográficos
Autor(a) principal: Correia, Fernando Motta
Data de Publicação: 2010
Tipo de documento: Artigo
Idioma: por
Título da fonte: Análise Econômica (Online)
Texto Completo: https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/6917
Resumo: The article notes the determinants of interest rate against a background of dedolarization of public debt in order to lower uncertainty with the change of profile of public debt. It applied a macrodinamic analysis in an attempt to identify a position of rest dynamically stable. The main results indicate the possibility of monetary policy provide a virtuous effect in determining the volume of investments, but when the model is applied to the brazilian case, based on analysis of the functions of Impulse Responses, the evidence suggest that the authority Brazilian currency reacts in a way that conservative inhibiting effect virtuous.
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spelling RATE OF INTEREST AND PUBLIC DEBT EXCHANGE: AN ANALYSIS FOR BRAZILTAXA DE JUROS E DESDOLARIZAÇÃO DO ENDIVIDAMENTO PÚBLICO: UMA ANÁLISE PARA O BRASILInterest ratePublic debtBrazilE40H63O54Taxa de jurosDívida públicaBrasilE40H63O54The article notes the determinants of interest rate against a background of dedolarization of public debt in order to lower uncertainty with the change of profile of public debt. It applied a macrodinamic analysis in an attempt to identify a position of rest dynamically stable. The main results indicate the possibility of monetary policy provide a virtuous effect in determining the volume of investments, but when the model is applied to the brazilian case, based on analysis of the functions of Impulse Responses, the evidence suggest that the authority Brazilian currency reacts in a way that conservative inhibiting effect virtuous.O objetivo do artigo é verificar os determinantes da taxa de juros num contexto de desdolarização do endividamento público, tendo em vista a menor incerteza gerada com a mudança do perfil da dívida pública. É aplicada uma análise macrodinâmica na tentativa de identificar uma posição de repouso dinamicamente estável. Os principais resultados apontam para a possibilidade de a política monetária transmitir um efeito virtuoso na determinação do volume de investimentos, embora quando o modelo seja aplicado ao caso brasileiro, com base na análise das Funções de Respostas a Impulso, as evidências parecem demonstrar que a autoridade monetária brasileira reage de maneira conservadora inibindo esse efeito virtuoso.UFRGS2010-09-24info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/691710.22456/2176-5456.6917Análise Econômica; Vol. 28 No. 53 (2010): março de 2010Análise Econômica; v. 28 n. 53 (2010): março de 20102176-54560102-9924reponame:Análise Econômica (Online)instname:Universidade Federal do Rio Grande do Sul (UFRGS)instacron:UFRGSporhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/6917/9655Copyright (c) 2019 Análise Econômicainfo:eu-repo/semantics/openAccessCorreia, Fernando Motta2019-08-29T12:36:49Zoai:seer.ufrgs.br:article/6917Revistahttps://seer.ufrgs.br/index.php/AnaliseEconomicaPUBhttps://seer.ufrgs.br/index.php/AnaliseEconomica/oai||rae@ufrgs.br2176-54560102-9924opendoar:2019-08-29T12:36:49Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)false
dc.title.none.fl_str_mv RATE OF INTEREST AND PUBLIC DEBT EXCHANGE: AN ANALYSIS FOR BRAZIL
TAXA DE JUROS E DESDOLARIZAÇÃO DO ENDIVIDAMENTO PÚBLICO: UMA ANÁLISE PARA O BRASIL
title RATE OF INTEREST AND PUBLIC DEBT EXCHANGE: AN ANALYSIS FOR BRAZIL
spellingShingle RATE OF INTEREST AND PUBLIC DEBT EXCHANGE: AN ANALYSIS FOR BRAZIL
Correia, Fernando Motta
Interest rate
Public debt
Brazil
E40
H63
O54
Taxa de juros
Dívida pública
Brasil
E40
H63
O54
title_short RATE OF INTEREST AND PUBLIC DEBT EXCHANGE: AN ANALYSIS FOR BRAZIL
title_full RATE OF INTEREST AND PUBLIC DEBT EXCHANGE: AN ANALYSIS FOR BRAZIL
title_fullStr RATE OF INTEREST AND PUBLIC DEBT EXCHANGE: AN ANALYSIS FOR BRAZIL
title_full_unstemmed RATE OF INTEREST AND PUBLIC DEBT EXCHANGE: AN ANALYSIS FOR BRAZIL
title_sort RATE OF INTEREST AND PUBLIC DEBT EXCHANGE: AN ANALYSIS FOR BRAZIL
author Correia, Fernando Motta
author_facet Correia, Fernando Motta
author_role author
dc.contributor.author.fl_str_mv Correia, Fernando Motta
dc.subject.por.fl_str_mv Interest rate
Public debt
Brazil
E40
H63
O54
Taxa de juros
Dívida pública
Brasil
E40
H63
O54
topic Interest rate
Public debt
Brazil
E40
H63
O54
Taxa de juros
Dívida pública
Brasil
E40
H63
O54
description The article notes the determinants of interest rate against a background of dedolarization of public debt in order to lower uncertainty with the change of profile of public debt. It applied a macrodinamic analysis in an attempt to identify a position of rest dynamically stable. The main results indicate the possibility of monetary policy provide a virtuous effect in determining the volume of investments, but when the model is applied to the brazilian case, based on analysis of the functions of Impulse Responses, the evidence suggest that the authority Brazilian currency reacts in a way that conservative inhibiting effect virtuous.
publishDate 2010
dc.date.none.fl_str_mv 2010-09-24
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/6917
10.22456/2176-5456.6917
url https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/6917
identifier_str_mv 10.22456/2176-5456.6917
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/6917/9655
dc.rights.driver.fl_str_mv Copyright (c) 2019 Análise Econômica
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2019 Análise Econômica
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv UFRGS
publisher.none.fl_str_mv UFRGS
dc.source.none.fl_str_mv Análise Econômica; Vol. 28 No. 53 (2010): março de 2010
Análise Econômica; v. 28 n. 53 (2010): março de 2010
2176-5456
0102-9924
reponame:Análise Econômica (Online)
instname:Universidade Federal do Rio Grande do Sul (UFRGS)
instacron:UFRGS
instname_str Universidade Federal do Rio Grande do Sul (UFRGS)
instacron_str UFRGS
institution UFRGS
reponame_str Análise Econômica (Online)
collection Análise Econômica (Online)
repository.name.fl_str_mv Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)
repository.mail.fl_str_mv ||rae@ufrgs.br
_version_ 1799766264783044608

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