RATE OF INTEREST AND PUBLIC DEBT EXCHANGE: AN ANALYSIS FOR BRAZIL
DOI:
https://doi.org/10.22456/2176-5456.6917Keywords:
Interest rate, Public debt, BrazilAbstract
The article notes the determinants of interest rate against a background of dedolarization of public debt in order to lower uncertainty with the change of profile of public debt. It applied a macrodinamic analysis in an attempt to identify a position of rest dynamically stable. The main results indicate the possibility of monetary policy provide a virtuous effect in determining the volume of investments, but when the model is applied to the brazilian case, based on analysis of the functions of Impulse Responses, the evidence suggest that the authority Brazilian currency reacts in a way that conservative inhibiting effect virtuous.