This thesis proposes to verify if there is evidence of an inflation-betting effect in the Brazilian government bonds market and if it interacts with the aggregate supply of government bonds. We propose an empirical study ...

A publicação da ICVM 476 em 2009 resultou em mudanças profundas no mercado brasileiro de debêntures corporativas. A flexibilidade introduzida nos processos de emissão, bem como a abertura do mercado para empresas de capital ...

The goal of this paper is to identify the determinants of the risk premium on Brazilian government debt. As the risk premium is a component of the interest rate set by the Brazilian central bank, its reduction would make ...

Neste estudo consideramos uma economia onde a determinação das políticas fiscais e monetárias estão sujeitas à restrição orçamentária do governo, visto como um agente consolidado que incorpora o executivo e o banco central. ...

The Markowitz’s studies (1952) were the basis for the Modern Portfolio Theory, which presents diversification as form of risk reduction of portfolio. The purpose of this work is to use the Markowitz’s model to optimize ...

Because Brazil's legal system lacked protection for minority shareholders and trading of Brazilian shares flowed to U.S. exchanges, in 2001 the Sao Paulo Stock Exchange, Bovespa, created three premium exchange listings ...

International financial scandals have generated a rise in corporative governance-based scientific studies inside open capital companies. Even non-obligated organizations have also using good practices in corporative ...

International financial scandals have generated a rise in corporative governance-based scientific studies inside open capital companies. Even non-obligated organizations have also using good practices in corporative ...

Given the current stabilization policies, the Brazilian economy gives a vivid example of the impact of several factors, such as the degree of institutionalization of the budgetary and monetary policies that are followed ...