文章基本信息

标题：The contagion effect of public debt on monetary policy: the Brazilian experience
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作者：Barbosa, Fernando de Holanda
期刊名称：Revista de Economia Política
印刷版ISSN：0101-3157
电子版ISSN：1809-4538
出版年度：2006
卷号：26
期号：2
页码：231-238
DOI：10.1590/S0101-31572006000200004
语种：English
出版社：Centro de Economia Política
摘要：
This paper attempts to explain why the Brazilian inter-bank interest rate is so high compared with rates practiced by other emerging economies. The interplay between the markets for bank reserves and government securities feeds into the inter-bank rate the risk premium of the Brazilian public debt.
其他关键词：inter-bank interest rate;public debt risk premium;monetary policy operational procedures