Detalhes bibliográficos
Ano de defesa: |
2013 |
Autor(a) principal: |
Schio, Thyago Américo |
Orientador(a): |
Figueiredo, Adelson Martins
 |
Banca de defesa: |
Rodrigues, Rodrigo Vilela
,
Silva Filho, Edison Benedito da
 |
Tipo de documento: |
Dissertação
|
Tipo de acesso: |
Acesso aberto |
Idioma: |
por |
Instituição de defesa: |
Universidade Federal de São Carlos
|
Programa de Pós-Graduação: |
Programa de Pós-Graduação em Economia - PPGEc-So
|
Departamento: |
Não Informado pela instituição
|
País: |
BR
|
Palavras-chave em Português: |
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Palavras-chave em Inglês: |
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Área do conhecimento CNPq: |
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Link de acesso: |
https://repositorio.ufscar.br/handle/20.500.14289/2166
|
Resumo: |
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 as one of the countries with higher interest rate in the world. In order to contribute to the discussion and understanding of the factors that allows the existence and maintenance for long years of high domestic interest rate, it is investigated the hypothesis that even if the internal interest rate is influenced by the foreign interest rate, there are endogenous mechanisms to the Brazilian economy that allow the reduction of the internal interest rate. Aiming objective responses, it is used a Vector Error Correction (VEC) compounded of six endogenous variables and an exogenous variable. As results, it follows that although there is a relationship between domestic and foreign interest rates, there is space for the economic policy, enabling a continuous reduction in the domestic interest rate. |