English, Article, Journal or magazine article edition: MONETARY POLICY AND EXTERNAL VULNERABILITY IN BRAZIL Carlos Fernando Lagrota R. Lopes

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/125072
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • MONETARY POLICY AND EXTERNAL VULNERABILITY IN BRAZIL
Author
  • Carlos Fernando Lagrota R. Lopes
Physical Description
  • preprint
Notes
  • This paper analyses monetary policy in Brazil, investigating why interest rates were so high and volatile from 1995 to 1998. We identify in monetary policy an overreaction to external shocks, where exogenous changes in international liquidity triggered sharp movements on domestic interest rates. We also show that the Brazilian policy response to these shocks was far more intense than in Argentina and Mexico. We argue that Brazil was caught in a high interest rates trap, which culminated in a currency crisis in January 1999.
  • RePEc:anp:en2004:071
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment