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O Efeito da Taxa de Juros e da Incerteza Sobre a Curva de Phlllips da Economia Brasileira

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  • Cavalcanti, Ricardo de Oliveira

Abstract

Utilizando a hipótese de que as empresas brasileiras incorrem em custos financeiros ao contratar mão de obra, o trabalho sugere que a taxa de juros real esperada é um importante argumento da oferta agregada do país. Em adição, ao levar-se em conta que os empresários são avessos ao risco, considera-se que o coeficiente de variação da taxa de inflação também desloca a curva de Phillips. Os resultados empíricos revelam que a taxa de juros possui maior impacto do que a taxa de inflação sobre a curva de Phillips do Brasil.

Suggested Citation

  • Cavalcanti, Ricardo de Oliveira, 1990. "O Efeito da Taxa de Juros e da Incerteza Sobre a Curva de Phlllips da Economia Brasileira," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 10(1), April.
  • Handle: RePEc:sbe:breart:v:10:y:1990:i:1:a:3023
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    Cited by:

    1. Silveira, Antonio Maria da, 1990. "The Indetermination of Senior," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 167, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    2. Ferreira, Pedro Cavalcanti, 1994. "The impact of public capital and public investment on economic growth: an empirical investigation," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 228, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    3. Ferreira, Pedro Cavalcanti, 1994. "Public expenditures taxation and welfare measurement," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 239, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    4. Ferreira, Pedro Cavalcanti, 1994. "A note on policy, the composition of public expenditures and economic growth," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 240, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).

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