A multiple contracts version of the SACRE
| dc.contributor.author | Faro, Clovis de | |
| dc.contributor.author | Lachtermacher, Gerson | |
| dc.contributor.unidadefgv | Escolas::EPGE | por |
| dc.date.accessioned | 2023-06-02T18:40:22Z | |
| dc.date.available | 2023-06-02T18:40:22Z | |
| dc.date.issued | 2023-05 | |
| dc.description.abstract | Taking into consideration that the SACRE (system of increasing amortization in real terms), as originally instituted by Caixa Econômica Federal, is not financially consistent,can exact procedure, denoted as SACRE*, was proposed in de Faro and Lachtermacherc (2012). The present paper submits a multiple contract version of SACRE*. It is shown that, taking into due account the financial institution cost of capital, it is always better to implement the multiple contracts approach. | por |
| dc.identifier.uri | https://hdl.handle.net/10438/33759 | |
| dc.language.iso | por | |
| dc.publisher | Escola de Pós-Graduação em Economia da FGV | por |
| dc.relation.ispartofseries | Ensaios Econômicos;837 | |
| dc.subject | SACRE | por |
| dc.subject.bibliodata | Sistema de amortização crescente | por |
| dc.title | A multiple contracts version of the SACRE | por |
| dc.type | Working Paper | eng |