The contagion effect of public debt on monetary policy: the brazilian experience
| Data(s) |
13/05/2008
13/05/2008
10/06/2005
|
|---|---|
| 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. |
| Identificador |
01048910 |
| Idioma(s) |
en_US |
| Publicador |
Escola de Pós-Graduação em Economia da FGV |
| Relação |
Ensaios Econômicos;591 |
| Palavras-Chave | #Inter-bank #Interest rate #Public debt risk premium #Monetary policy operational procedures #Economia #Dívida pública #Politica monetária - Brasil |
| Tipo |
Working Paper |
