The Puzzle of Brazil's High Interest Rates

Working Paper No. 12/62

This paper highlights that real interest rates in Brazil have declined substantially over time, but are still well above the average of emerging market inflation targeting regimes. The adoption of an inflation-targeting regime and better economic fundamentals (reduction in inflation volatility and improvements in the fiscal and external... READ MORE...

Publication date: February 2012
ISBN 9781463938390

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


Publication date: February 2012


Publication date: February 2012