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		| Cleomar  Gomes da Silva  | 
	
	
		| Institute of Economics, Federal University of Uberlandia and CNPq Associate Researcher, Brazil | 
	
	
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		| Av Joao Naves de Avila 2121 | 
	
	
		| Instituto de Economia | 
	
	
		| Universidade Federal de Uberlandia | 
	
	
		| Uberlandia, MG 38400902 | 
	
	
		| Brazil | 
	
	
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		| cleomargomes@gmail.com | 
	
	
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		| http://www.ie.ufu.br | 
	
	
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		JEL Areas: E5 : Monetary Policy, Central Banking, and the Supply of Money and Credit: General C3 : Multiple or Simultaneous Equation Models: General |