000			01389naa a2200205uu 4500
001			8031210591319
003			OSt
005			20190212110535.0
008			080312s1992 bl ||||gr |0|| 0 por d
100	1		_aSCHWARTSMAN, Alexandre _933446
245	1	0	_aAceleração inflacionária, instabilidade financeira e endividamento interno e externo
260			_aSão Paulo : _bNobel, _cout./dez. 1992
520	3		_aWe provide here a model that attempts to explain how the financial circuit in Brazil became an outstanding locus of wealth valuation. It shows that its special character is due to a peculiar institutional arrangement that allows the public sector — the main financial agent — to operate with negative spread. Then, inflationary shocks can produce very strong movements of private sector portfolio, between indexed and non-indexed bonds, which can deepen the negative spread. This is the reason why the financial circuit is a source of wealth valuation, since this negative spread is appropri-ated by the financial speculators
590			_aRevista de Economia Política 1992
590			_av. 12, n. 4(48)
773	0	8	_tRevista de Economia Política = Brazilian Journal of Political Economy _g12, 4, p. 17-26 _dSão Paulo : Nobel, out./dez. 1992 _xISSN 01013157 _w
942			_cS
998			_a20080312 _b1059^b _cMariana
998			_a20140221 _b0929^b _ckarina
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c25916 _d25916
041			_apor