Abstract
ABSTRACT The article investigates the performance of the monetary policy in Brazil after the Real Plan, emphasizing the behavior of the factors that conditioned the monetary base during the period of 1994 to 2004. The Real Plan was the best attempt to stabilize the Brazilian economy. The monetary policy implemented by the Central Bank was highly active and restrictive. The Recebido em 30.06.2007. Aceito em 21.09.2007. # Esse artigo e resultante do trabalho de monografia, defendida em dez. 2006, para a obtencao de Grau de Bacharel em Ciencias Economicas. * Bacharel em Economia pela Universidade do Vale do Rio dos Sinos (Unisinos). Av. Unisinos, 950, Sao Leopoldo, 93022-000, RS, Brasil. Tel.: (55 51) 3590 8186, Fax (55 51) 3590 8447. E-mail: evervan@ig.com.br. ** Doutor em Economia pela Universidade Federal do Rio Grande do Sul. Professor e Pesquisador no Instituto de Pesquisa Economicas e Sociais da Universidade de Caxias do Sul (IPES/UCS) e no Programa de Pos-Graduacao em Economia da Universidade do Vale do Rio dos Sinos, PPGE/UNISINOS. Av. Unisinos, 950, Sao Leopoldo, 93022-000, RS, Brasil. Tel.: (55 51) 3590 8186, Fax (55 51) 3590 8447. E-mails: dtriches@ucs.br. e divanildot@unisinos.br. PERSPECTIVA ECONOMICA v. 4, n. 2:22-43 jul/dez 2008 ISSN 1808-575X doi: 10.4013/pe.20082.02
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