Política moetária, depósitos compulsórios e inflação (Record no. 25667)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01968naa a2200205uu 4500 |
| 001 - CONTROL NUMBER | |
| control field | 8013117374219 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190212110254.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 080131s1995 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 | GARCIA, Márcio G. P |
| 9 (RLIN) | 33236 |
| 245 10 - TITLE STATEMENT | |
| Title | Política moetária, depósitos compulsórios e inflação |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Place of publication, distribution, etc. | São Paulo : |
| Name of publisher, distributor, etc. | Nobel, |
| Date of publication, distribution, etc. | abr./jun. 1995 |
| 520 3# - SUMMARY, ETC. | |
| Summary, etc. | Since the outset of the Real Plan, the government has resorted to much higher reserve requirements on banks liabilities, as well as to the creation of reserve requirements on credit (a banks asset) in the attempt to restrict the expansion of monetary aggregates and credit. The policy intention was right, although the design of the reserve requirements profilei.e., the relative structure of the reserve require-ments on the different banks liabilitieswas flawed. This is because there is a very high (initially a 100% marginal) reserve requirement on demand deposits, which is the liability that typically grows the most when high inflations subside. Since the beginning of 1995, tax changes made profitable to transfer even very short-term funds from demand deposits to short term mutual funds. Furthermore, when such transfer is undertaken, the overall reserve requirement falls substantially. The main policy recommendation is to use both the reserve requirements profile and the tax structure so that the aggregate financial wealth is distributed among its several components in a way compatible with low inflation. This will avoid future reallocations of portfolio, thereby increasing the efficacy of monetary policy |
| 590 ## - LOCAL NOTE (RLIN) | |
| Local note | Revista de Economia Política 1995 |
| 590 ## - LOCAL NOTE (RLIN) | |
| Local note | v. 15, n. 2(58) |
| 773 08 - HOST ITEM ENTRY | |
| Title | Revista de Economia Política = Brazilian Journal of Political Economy |
| Related parts | 15, 2, p. 112-124 |
| Place, publisher, and date of publication | São Paulo : Nobel, abr./jun. 1995 |
| International Standard Serial Number | ISSN 01013157 |
| Record control number | |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Periódico |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
| -- | 20080131 |
| Operator's initials, OID (RLIN) | 1737^b |
| Cataloger's initials, CIN (RLIN) | Mariana |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
| -- | 20140217 |
| Operator's initials, OID (RLIN) | 1112^b |
| Cataloger's initials, CIN (RLIN) | karina |
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