IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Uma Avaliação dos Recolhimentos Compulsórios

Listed author(s):
  • Leonardo S. Alencar
  • Tony Takeda
  • Bruno S. Martins
  • Paulo Evandro Dawid

Reserve requirements are used as an additional policy instrument in many countries. The present paper examines whether the use of this instrument helps to improve macroeconomic stability. The analysis is conducted by estimating and simulating a semi structural model for the Brazilian economy. The results indicate that the use of reserve requirements – as a complement to the monetary policy interest rate – can provide stability gains both from the output and inflation perspective, as well as from a macroprudential point of view. In particular, reserve requirements showed to play an important role to accommodate shocks that arise in the financial sector.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by Central Bank of Brazil, Research Department in its series Working Papers Series with number 296.

in new window

Date of creation: Oct 2012
Handle: RePEc:bcb:wpaper:296
Contact details of provider: Web page:

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:bcb:wpaper:296. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Francisco Marcos Rodrigues Figueiredo)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.