IDEAS home Printed from https://ideas.repec.org/a/fgv/epgrbe/v39y1985i1a337.html
   My bibliography  Save this article

Moeda Indexada

Author

Listed:
  • Cysne, Rubens Penha

Abstract

Este texto se divide em duas partes. Na primeira, estuda-se empiricamente a queda na demanda por moeda ocorrida entre 1979 e 1983, salientando-se o papel desempenhado neste processo pelo surgimento de inovações financeiras e aumento de liquidez de ativos (ditos) não monetários. Neste ponto destaca-se a relativa ineficácia de um combate a inflação,baseado exclusivamente no controle da expansão de M1 . Em seguida, desenvolve-se um modelo que tenta captar os efeitos sobre a inflação o nível de atividade econômica, decorrentes da utilização, por parte dos agentes econômicos, de ativos indexados como reserva de liquidez alternativa a M1 . Conclui-se que o aumento de liquidez de ativos considerados não monetários protege o produto dos choques de oferta, conferindo-lhe uma maior estabilidade a ser paga pela exposição da inflação aos choques de oferta e demanda.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Cysne, Rubens Penha, 1985. "Moeda Indexada," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 39(1), January.
  • Handle: RePEc:fgv:epgrbe:v:39:y:1985:i:1:a:337
    as

    Download full text from publisher

    File URL: https://periodicos.fgv.br/rbe/article/view/337
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Werlang, Sérgio Ribeiro da Costa, 1988. "Common knowledge," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 118, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    2. Cysne, Rubens Penha, 1988. "Monetary correction and accounting with real interest," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 128, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    3. Simonsen, Mario Henrique, 1986. "Rational expectations, income policies and game theory," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 90, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    4. Francis A. Lees & James M. Botts & Rubens Penha Cysne, 1990. "Income and Demand Policies in Brazil," Palgrave Macmillan Books, in: Banking and Financial Deepening in Brazil, chapter 3, pages 55-87, Palgrave Macmillan.
    5. Cysne, Rubens Penha, 2005. "An overview of some historical brazilian macroeconomic series and some open questions," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 592, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    6. Barbosa, Fernando de Holanda & McNelis, Paul D., 1986. "Brazilian indexing and inertial inflation: evidence from time-varying estimates of an inflation transfer function," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 81, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fgv:epgrbe:v:39:y:1985:i:1:a:337. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Núcleo de Computação da FGV EPGE (email available below). General contact details of provider: https://edirc.repec.org/data/epgvfbr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.