Decomposição da taxa de variação dos multiplicadores monetários no Brasil

In this study we discuss the pattern of the monetary multipliers in Brazil during the period 1980/1998. For a better understandings of such a pattern the rate of change of the multipliers was decomposed in terms of factors which take into account the economic agents (individuals and Banks) preferenc...

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Detalles Bibliográficos
Autor: Rossi, Jose W.
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:1999
País:Brasil
Institución:Universidade de São Paulo (USP)
Repositorio:Economia Aplicada
Idioma:portugués
OAI Identifier:oai:revistas.usp.br:article/218537
Acceso en línea:https://www.revistas.usp.br/ecoa/article/view/218537
Access Level:acceso abierto
Palabra clave:Brazil
monetary policy
monetary multipliers
rate of change
Descripción
Sumario:In this study we discuss the pattern of the monetary multipliers in Brazil during the period 1980/1998. For a better understandings of such a pattern the rate of change of the multipliers was decomposed in terms of factors which take into account the economic agents (individuals and Banks) preference for financial assets relatively to the individuals money deposits, namely: currency, time deposits, savings deposits, demand for public bonds and the banks reserve requirements.