Monetary and fiscal institutions have played a decisive role in the stabilisation of the
Brazilian economy since the mid-1990s. In Brazil institutional reforms were predominantly …

The purpose of this paper is to show that the interaction between large changes in the
external conditions facing the Brazilian economy since 2003 and smaller changes in the …

Este trabalho desenvolve a hipótese de que a taxa de juros brasileira é alta como resultado
de mecanismos de transmissão monetária parcialmente obstruídos. Surgem falhas de …

Studying the hypothesis of a pro-conservative monetary policy convention in Brazil, as
initially formulated by Bresser-Pereira and Nakano (2002) and Erber (2011), we add three …

We test the hypothesis that public banks reduce monetary policy power. Previous studies
have shown that companies with access to government-driven credit present smaller fall in …

With the purpose of evaluating Brazilian Central Bank's (BCB) conduct of monetary policy
after the adoption of inflation targeting (IT), we estimate a modified version of the Taylor rule …

This article aims at analysing the relationship between conventions and monetary policy
using both the post-Keynesian and the French-conventions-school approaches, treated as …

The article analyzes the transmission mechanism of monetary policy in light of
microeconomic theory. We address the influence of microeconomic factors on the …

Neste trabalho, retomamos a hipótese da existência de uma convenção
próconservadorismo da política monetária no Brasil, formulada inicialmente por Bresser …

This study analyses theoretically and empirically the relationship between monetary
institutions and macroeconomic performance in Brazil, in the period after the adoption of the …