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003			OSt
005			20190211152401.0
008			071219s2000 bl ||||gr |0|| 0 spa d
100	1		_aGARCIA, Márcio G. P _933236
245	1	0	_aLeilões de títulos da dívida pública pelo banco central do Brasil : _bum estudo dos fatores comdicionantes da dispersão das propostas para os BBCs
260			_aSão Paulo : _bEditora 34, _cout./dez. 2000
520	3		_aWe aim at obtaining a simple econometric model that allows us to build a confidence interval for the dispersion of the bids made by financial institutions at the central bank weekly auctions of short term securities in Brazil. Under competitive conditions (e. g., no coalition between a few financial institutions) we assume that the bid's dispersion is associated with the volatility of the daily interest rate futures prices and the daily interest rates that had prevailed during the days prior to the auction. Based on that assumption, our model succeeds in separating the two auctions with extremely high volatility. In one of them, the high dispersion could be predicted using the other interest rate markets' data; in the other the dispersion fell outside the confidence interval for the predicted dispersion. This can be used as empirical evidence of an attempt to corner the market that has indeed ocurred at that date
590			_aRevista de Economia Política 2000
590			_av. 20, n. 4(80)
700	1		_aREZENDE, Leonardo B _933400
773	0	8	_tRevista de Economia Política = Brazilian Journal of Political Economy _g20, 4 , p. 8-25 _dSão Paulo : Editora 34, out./dez. 2000 _xISSN 01013157 _w
942			_cS
998			_a20071219 _b1410^b _cMariana
998			_a20140206 _b1454^b _ckarina
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c25376 _d25376
041			_aspa