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		| Armando  Martins  | 
	
	
		| Fluminense Federal University and National Council for Scientific and Technological Development | 
	
	
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		| martinsarmando@outlook.com | 
	
	
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		JEL Areas: E5 : Monetary Policy, Central Banking, and the Supply of Money and Credit: General E4 : Money and Interest Rates: General |