RELATIONS BETWEEN THE SELIC AND THE INTERESTS OF THE THREE MAJOR CREDIT MODALITIES FOR THE LEGAL ENTITY

Authors

  • Juliano Morais Galle Universidade Federal de Mato Grosso

DOI:

https://doi.org/10.17058/cepe.v0i44.7773

Keywords:

política monetária, pass-through de taxa de juros, canal de taxa de juros

Abstract

We analyze the relationship between the Selic and the three main types of credit destined to companies in Brazil seeking to distinguish this relationship during periods of high and low in the Selic rate. They were considered the interest rates of the following types of credit: Working Capital, Overdraft and Overdraft. The study period was between September 2011 and April 2014, which began with a drop in the Selic rate until February 2013 followed by high until April 2014. The results indicated that there is no significant downward rigidity for the Working Capital mode . For Overdraft mode found a stiffness up also not significant. For the Overdraft mode we found a significant stiffness up during the period.

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Published

2016-12-21

Issue

Section

Artigos

How to Cite

RELATIONS BETWEEN THE SELIC AND THE INTERESTS OF THE THREE MAJOR CREDIT MODALITIES FOR THE LEGAL ENTITY. (2016). Estudos Do CEPE, 44, 68-83. https://doi.org/10.17058/cepe.v0i44.7773