Now showing items 1-10 of 580
The Behavior of Interest Rate Differentials under Shifting Exchange Rate Regimes: The Experience of Chile, Colombia and Israel
(Instituto de Economía, Pontificia Universidad Católica de Chile, 2005)
The influence of the interest rate in capitalist competition: capital differentiation and structural change
We contribute to the Marxist discussion on the role of the interest rate in the investment and financing decisions of firms, a crucial dimension that has not received sufficient attention in the literature. The market rate ...
Foreign funding to an emerging market: the Monetary Premium Theory and the Brazilian Case, 1991 - 1998
(Escola de Pós-Graduação em Economia da FGV, 2002-10-23)
We develop a framework to explain the private capital flows between the rest of the world and an emerging economy. The model, based on the monetary premium theory, relates an endogenous supply of foreign capitals to an ...
A Differential Evolution Algorithm For Yield Curve Estimation
(Elsevier Science BVAmsterdam, 2016)
Real interest parity decomposition
(Instituto de Pesquisas Econômicas da FEA-USP, 2009)
The aim of this paper is to investigate the general causes of real interest rate differentials (rids) for a sample of emerging markets for the period of January 1996 to August 2007. To this end, two methods are applied. ...
The determination of the exchange rate: a new-developmental approach
This paper discusses the long-term determination of the exchange rate, given that it may remain depreciated or overvalued for some time. It defines the equilibrium exchange rate and the competitive exchange rate; the latter ...
The Brazilian experience in managing interest-exchange rate nexus
The interest-exchange rate nexus has been the paramount determinant of the course of the exchange rate in contemporary Brazil through the operation of carry trade which has different forms, all related to the interest rate ...
Prediction of the economic activity from the short and long-term interest rate differential: new evidences in Chile and the United States of America cases
(ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD, 2008)
The purpose of this work is to verify the stability of the relationship between real activity and interest rate spread. The test is based on Chen (1988) and Osorio and Galea (2006). The analysis is applied to Chile and the ...
Determinantes da taxa básica de juros no Brasil: uma análise empírica no período de 2000 a 2011
(Universidade Federal de São CarlosBRUFSCarPrograma de Pós-Graduação em Economia - PPGEc-So, 2013-04-26)
The existence and maintenance for long years of high domestic interest rate is a phenomenon sweeping the Brazilian economic environment. Although in recent years the domestic interest rate derated, Brazil still is characterized ...
The expectations hypothesis and decoupling of short- and long-term US interest rates: A pairwise approach
The link between short-term policy rates and long-term rates elucidate the potential effectiveness of monetary policy. We examine the US term structure of interest rates using a pairwise econometric approach advocated by ...