000			01289naa a2200205uu 4500
001			5011517185644
003			OSt
005			20190212151047.0
008			150115s2014 bl ||||gr |0|| 0 por d
041			_apor _aeng
100	1		_aLOPES, Francisco Lafaiete _936908
245	1	0	_aOn high interest rates in Brazil
260			_aSão Paulo : _bEditora 34, _cjan./mar. 2014
520	3		_aThis article examines the question of why interest rates are so high in Brazil as compared to the international average. It looks at theoretical arguments based on excessive government deficits, structural lack of private savings, inflation bias, excessive investment demand and fear of floating. An informal look at the evidence does not strongly corroborate any of these arguments. Hence a wise central bank should consider “testing” the market to make sure it is not dealing with an extreme equilibrium configuration or a long standing disequilibrium.
773	0	8	_tRevista de Economia Política = Brazilian Journal of Political Economy _g34, 1, p. 3-14 _dSão Paulo : Editora 34, jan./mar. 2014 _xISSN 01013157 _w
856	4	2	_uhttp://www.scielo.br/pdf/rep/v34n1/v34n1a01.pdf _yAcesso
942			_cS
998			_a20150115 _b1718^b _cFabio
998			_a20150130 _b1621^b _cCarolina
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c46988 _d46988