As operações compromissadas do banco central e a evolução da dívida pública brasileira no período de 2006 a 2016

Detalhes bibliográficos
Ano de defesa: 2020
Autor(a) principal: SOUZA , Marcus Antonio Gomes lattes
Orientador(a): SILVEIRA, José Lúcio Alves lattes
Banca de defesa: SILVEIRA, José Lúcio Alves lattes, MOURA, João Gonsalo de lattes, SOUZA, Rodrigo Gustavo de lattes
Tipo de documento: Dissertação
Tipo de acesso: Acesso aberto
Idioma: por
Instituição de defesa: Universidade Federal do Maranhão
Programa de Pós-Graduação: PROGRAMA DE PÓS-GRADUAÇÃO EM DESENVOLVIMENTO SOCIOECONOMICO/CCSO
Departamento: DEPARTAMENTO DE ECONOMIA/CCSO
País: Brasil
Palavras-chave em Português:
Palavras-chave em Inglês:
Área do conhecimento CNPq:
Link de acesso: https://tedebc.ufma.br/jspui/handle/tede/3784
Resumo: This paper analyzes the Brazilian public debt and its effects on the economy, taking into account the relevance of repurchase agreements as a component of Public Debt. Given that the temporality of this analysis covers the period from 2006 to 2016, while in this period the "new macroeconomic matrix" is established for the Brazilian economy. Initially, the discussion deals with the effects and consequences for the economy of a debt whose trajectory is growing. Next, methodological considerations are presented on the forms of financing, cost, risk and debt measurement. Therefore, the factors that contributed to the sharp increase in the balance of repurchase agreements from 2006 onwards are analyzed. In this case, it is worth noting the increase in international reserves and, especially, the relationship between the National Treasury and the Central Bank. Based on the actions of these actors, it is understood that the increase in commitments was not an unpredictable and inevitable fact, but the result of the interaction between these institutions. Finally, there is a discussion of repo operations and the evolution of the Brazilian public debt over the years from 2006 to 2016.