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100 1 _aTOLEDO, Joaquim Elói Cirne de
_933285
245 1 0 _aRisco-Brasil :
_bo efeito-Lula e os efeitos-banco central
260 _aSão Paulo :
_bEditora 34,
_cjul./set. 2002
520 3 _aThis short paper discusses the behavior of Brazil's sovereign risk spread, since the adoption of a floating exchange rate regime in the beginning of '99. The data presented seem to support the hypothesis of perverse effects of domestic monetary policy on country-risk. On the other hand, fears of a future debt default - sparked by volatile presidential election polls - do not seem to explain a significant part of the risk spread, until very recently. The author is fully aware of the existence of a rich and fast-growing literature on country-risk. This paper is not an attempt to add new pieces of theory or rigorous analytical evidence to that literature; its sole aim is to make a small contribution to the debate, by pointing at some usually neglected factors that may explain Brazil's sovereign risk spread
590 _av. 22, n. 3(87)
773 0 8 _tRevista de Economia Política = Brazilian Journal of Political Economy
_g22, 3 , p. 138-145
_dSão Paulo : Editora 34, jul./set. 2002
_xISSN 01013157
_w
942 _cS
998 _a20071207
_b1920^b
_cMariana
998 _a20140205
_b1127^b
_ckarina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c25265
_d25265
041 _apor