SAMOHYL, Robert Wayne
Comportamento da base monetária e seus fatores condicionantes no Brasil no período de janeiro de 1992 a março de 1996 - São Paulo : Editora 34, jul./set. 1997
This paper studies the behavior of the monetary base and its proximate determi-nants in Brazil between January of 1992 and March of 1996. To achieve this, the paper analyzes monthly variations of the base, using correlation coefficients and the relative participation of each determinant on total variation. The analysis demonstrates that there are several specific differences before and after the Real Plan in the profile of the de-terminants. However, the analysis also shows that in both periods one of the major determinants of the monetary base is the net flow of foreign exchange to Brazil
Comportamento da base monetária e seus fatores condicionantes no Brasil no período de janeiro de 1992 a março de 1996 - São Paulo : Editora 34, jul./set. 1997
This paper studies the behavior of the monetary base and its proximate determi-nants in Brazil between January of 1992 and March of 1996. To achieve this, the paper analyzes monthly variations of the base, using correlation coefficients and the relative participation of each determinant on total variation. The analysis demonstrates that there are several specific differences before and after the Real Plan in the profile of the de-terminants. However, the analysis also shows that in both periods one of the major determinants of the monetary base is the net flow of foreign exchange to Brazil
