Financialization, coalition of interests and interest rate in Brazil

Studying the hypothesis of a pro-conservative monetary policy convention in Brazil, as initially formulated by Bresser-Pereira and Nakano (2002) and Erber (2011), we add three particular sub-hypotheses to it: (i) the prevalence of high real interest rates in Brazil for decades has led to the formati...

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Bibliographic Details
Main Authors: Luiz Carlos Bresser-Pereira, Luiz Fernando de Paula, Miguel Bruno
Format: Article
Language:English
Published: Association Recherche & Régulation 2020-06-01
Series:Revue de la Régulation
Subjects:
Online Access:http://journals.openedition.org/regulation/16636