The discussion on monetary policies in the history of economic thought has shaped itself facing political and economic events throughout history. From the quantitative theory of money (QTM) and the Keynesian theory to the ...

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 ...

Este documento tiene como propósito evaluar la aplicabilidad del modelo de tasa de interés de Vasicek (1977) y Ho Lee (1986) para modelar el comportamiento dinámico de las tasas de interés de Argentina. Para el desarrollo ...

In a small open economy model, we assess the advantages and cost of a systematic policy response to the real exchange rate. In particular, in the context of the Gali and Monacelli (2005) model, we use the method of ...

The purpose of this dissertation is investigating changes on the immunized portfolios by the analytic method of principal components analysis from an inversion movement of the term structure of interest rates. In 2012, the ...

This paper attempts to provide an economic interpretation of the factors that drive the movements of interest rates of bonds of different maturities in a continuous-time no-arbitrage term structure model. The dynamics ...

Com o objetivo de determinar o comportamento das raízes de alguns tipos de equações trinomiais, que aparecem em determinados problemas relacionados à Matemática Financeira, esta dissertação apresenta o estudo de resultados ...