O modelo de racionamento de crédito e a política monetária novo-keynesiana : (Record no. 25404)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02020naa a2200205uu 4500 |
| 001 - CONTROL NUMBER | |
| control field | 8010812070819 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190212105918.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 080108s2000 bl ||||gr |0|| 0 por d |
| 999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
| Koha Dewey Subclass [OBSOLETE] | PHL2MARC21 1.1 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | por |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | HERMANN, Jennifer |
| 9 (RLIN) | 15731 |
| 245 10 - TITLE STATEMENT | |
| Title | O modelo de racionamento de crédito e a política monetária novo-keynesiana : |
| Remainder of title | uma análise crética |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Place of publication, distribution, etc. | São Paulo : |
| Name of publisher, distributor, etc. | Editora 34, |
| Date of publication, distribution, etc. | abr./jun. 2000 |
| 520 3# - SUMMARY, ETC. | |
| Summary, etc. | The paper discusses and criticizes the credit rationing model (CRM) and its use to support the new-Keynesian approach to the monetary policy. After analyzing the working of the model in the different phases of the business cycle it is concluded that: (i) in the upward phase, demand rationing equilibrium which is a condition for recommendation of counter-cyclical monetary policy in the CRM scope is not plau-sible as a macroeconomic phenomenon, but only at microeconomic level; (ii) in the downward phase, although the demand rationing is a plausible equilibrium, it does not occur for the reason alleged by the CRM (the rigidity of the interest rate), neither it does act in favour of the transmission mechanism of monetary policy. These con-clusions imply the rejection of the CRM as theoretical basis for monetary policy analy-sis, as well as of the new-Keynesian approach about this theme. Finally, it is argued that, at macroeconomic level, the unique theoretical contribution of the CRM is to justify vertical interventions of government in financial markets, through financ-ing policies to sectors or projects which risks are more difficult to estimate nota-bly, in infra-structure, R&D and new-technology sectors |
| 590 ## - LOCAL NOTE (RLIN) | |
| Local note | Revista de Economia Política 2000 |
| 590 ## - LOCAL NOTE (RLIN) | |
| Local note | v. 20, n. 2(78) |
| 773 08 - HOST ITEM ENTRY | |
| Title | Revista de Economia Política = Brazilian Journal of Political Economy |
| Related parts | 20, 2 , p. 53-75 |
| Place, publisher, and date of publication | São Paulo : Editora 34, abr./jun. 2000 |
| International Standard Serial Number | ISSN 01013157 |
| Record control number | |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Periódico |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
| -- | 20080108 |
| Operator's initials, OID (RLIN) | 1207^b |
| Cataloger's initials, CIN (RLIN) | Mariana |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
| -- | 20140207 |
| Operator's initials, OID (RLIN) | 0954^b |
| Cataloger's initials, CIN (RLIN) | karina |
No items available.
