Liquidez e "zeragem automática": uma tréplica a Ramalho

Authors

  • Luiz Fernando Rodrigues de Paula

DOI:

https://doi.org/10.11606/1980-53572738lfrp

Keywords:

monetary policy, open market, brazilian economy

Abstract

This article comments the Valdir Ramalho's answer to my article 'Liquidity and automatic clearing: criticism of the criticism', showing that: (i) the opposition between 'critiques' and 'non-critiques' of automatic clearing doesn't look like the best and relevant way to
examine the discussion, but what is really important is to analyze its effects; (ii) we
remain having some disagreements about the interpretation of the meaning of this
mechanism on the operating procedures of monetary policy in Brazil.

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References

PAULA, L.F.R. Liquidez e zeragem automatica: cntica da cn'tica. Estudos Econdmicos, v. 26, n. 3, p. 411-439, set./dez. 1996.

RAMALHO, V "Zeragem automatica" no mercado aberto e controle monetario. Estudos Ecommicos, v. 25, n. 1, p. 25-52, jan./abr. 1995.

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Published

01-09-1997

Issue

Vol. 27 No. 3 (1997)

Section

Não definida

License

Copyright (c) 1997 Luiz Fernando Rodrigues de Paula

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

By submitting an article, the author authorizes its publication and attests that it has not been submitted to any other journal. The original article is considered final. Articles selected for publication are proofread for grammatical and orthographic errors. The journal does not pay rights for published articles. The Institute of Economic Research from the School of Economics, Business and Accounting of the University of São Paulo (Instituto de Pesquisas Econômicas da Faculdade de Economia, Administração e Contabilidade da Universidade de São Paulo) owns the journal's copyright.

How to Cite

Paula, L. F. R. de. (1997). Liquidez e "zeragem automática": uma tréplica a Ramalho. Estudos Econômicos (São Paulo), 27(3), 527-530. https://doi.org/10.11606/1980-53572738lfrp