Por que as taxas de juros são tão elevadas no Brasil?: uma avaliação empírica

<abstract language="eng">This paper aims at exploring some hypothesis to explain why real interest rate and bank spread are so high. We argue that the interest rate problem and bank spread problem are connected. More precisely, one important cause of bank spread is the high level of...

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Main Authors: José Luís Oreiro, Luiz Fernando de Paula, Guilherme Jonas Costa da Silva, Rafael Quevedo do Amaral
Format: Article
Language:English
Published: Editora 34 2012-12-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572012000400002
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author José Luís Oreiro
Luiz Fernando de Paula
Guilherme Jonas Costa da Silva
Rafael Quevedo do Amaral
author_facet José Luís Oreiro
Luiz Fernando de Paula
Guilherme Jonas Costa da Silva
Rafael Quevedo do Amaral
author_sort José Luís Oreiro
collection DOAJ
description <abstract language="eng">This paper aims at exploring some hypothesis to explain why real interest rate and bank spread are so high. We argue that the interest rate problem and bank spread problem are connected. More precisely, one important cause of bank spread is the high level of BCB interest rate. So, the solution of interest rate problem, so that it can converge to the levels observed in other countries, will help to reduce bank spread, and doing so contributing to the reduction of the capital cost of the Brazilian economy.
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1809-4538
language English
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publishDate 2012-12-01
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spelling doaj.art-db9125a952de48edab0cf0682d2f04ba2022-12-21T23:25:02ZengEditora 34Brazilian Journal of Political Economy0101-31571809-45382012-12-01324557579Por que as taxas de juros são tão elevadas no Brasil?: uma avaliação empíricaJosé Luís OreiroLuiz Fernando de PaulaGuilherme Jonas Costa da SilvaRafael Quevedo do Amaral<abstract language="eng">This paper aims at exploring some hypothesis to explain why real interest rate and bank spread are so high. We argue that the interest rate problem and bank spread problem are connected. More precisely, one important cause of bank spread is the high level of BCB interest rate. So, the solution of interest rate problem, so that it can converge to the levels observed in other countries, will help to reduce bank spread, and doing so contributing to the reduction of the capital cost of the Brazilian economy.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572012000400002economic growthinterest rateBrazilian economy
spellingShingle José Luís Oreiro
Luiz Fernando de Paula
Guilherme Jonas Costa da Silva
Rafael Quevedo do Amaral
Por que as taxas de juros são tão elevadas no Brasil?: uma avaliação empírica
Brazilian Journal of Political Economy
economic growth
interest rate
Brazilian economy
title Por que as taxas de juros são tão elevadas no Brasil?: uma avaliação empírica
title_full Por que as taxas de juros são tão elevadas no Brasil?: uma avaliação empírica
title_fullStr Por que as taxas de juros são tão elevadas no Brasil?: uma avaliação empírica
title_full_unstemmed Por que as taxas de juros são tão elevadas no Brasil?: uma avaliação empírica
title_short Por que as taxas de juros são tão elevadas no Brasil?: uma avaliação empírica
title_sort por que as taxas de juros sao tao elevadas no brasil uma avaliacao empirica
topic economic growth
interest rate
Brazilian economy
url http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572012000400002
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AT guilhermejonascostadasilva porqueastaxasdejurossaotaoelevadasnobrasilumaavaliacaoempirica
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