Results 81 to 90 of about 15,711 (95)

Monetary Policy Surprises and the Brazilian Term Structure of Interest Rates [PDF]

open access: yes
This paper examines the information content of COPOM decisions to change or to leave unchanged monetary policy by estimating the responses of the term structure to changes in the target for interest rates on COPOM meeting days.
Benjamin Miranda Tabak
core  

Using a Money Demand Model to Evaluate Monetary Policies in Brazil [PDF]

open access: yes
This paper uses a money demand model to evaluate monetary policies under different regimes in Brazil. The consistency between monetary liquidity and the inflation rate path is considered.
Pedro H. Albuquerque, Solange Gouvea
core  

A Simple Model for Inflation Targeting in Brazil [PDF]

open access: yes
Based on a 6 equation model by Haldane and Battini (1999), we estimated a Phillips and an IS equations for Brazil after the Real Plan, in order to study the transmission mechanism of the monetary policy. The results show that interest rate affects output
Marcelo Kfoury Muinhos   +1 more
core  

Delegated Portfolio Management [PDF]

open access: yes
In this paper, we examine optimal portfolio decisions within a decentralized framework. There are many portfolio managers choosing optimal portfolio weights in a mean-variance framework and taking decisions in a decentralized way.
Benjamin Miranda Tabak, Paulo Coutinho
core  

Out-Of-The_Money Monte Carlo Simulation Option Pricing: the join use of Importance Sampling and Descriptive Sampling [PDF]

open access: yes
As in any Monte Carlo application, simulation option valuation produces imprecise estimates. In such an application, Descriptive Sampling (DS) has proven to be a powerful Variance Reduction Technique.
Eduardo Saliby   +2 more
core  

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