data in the context of the evolution of Brazil's key macroeconomic variables. The results show that the current short …-term interest rate. These findings have important policy implications for Brazil. This paper relates the findings of the estimated …

of Brazil (COPOM), building on the methodology developed by Lucca and Trebbi (2011). Using Google search queries, we … mid-2011 would lead to lower yields in Brazil into the foreseeable future. Most importantly, changes in the informational …

The debate on the strategy of banking spread reduction in Brazil has been extended for a long time and was … and the results showed that both aspects are relevant in explaining the banking spread in Brazil, and should not be …

This paper discusses the reasons for Brazil.s high policy real interest rates by considering two opposing views, the … level of the policy rate in Brazil. The aim of this study is to assess whether the proposed arguments can be supported when … might be political causes of the high real interest rates in Brazil such as a politically influential rentier class. …

frequency, this paper finds evidence that the volatility of the long end of the interest curve in Brazil is higher in days of … official publications on the website of the Central Bank of Brazil and that the short end is affected on days on which the …

) Monetary Authorities are conservative in Brazil, smoothing short rate fluctuations; 3) inflation shock, or slope shock …