Purpose – The purpose of this paper is to investigate the hysteresis hypothesis for the price and quantity of Brazilian imports in recent years. Design/methodology/approach – The empirical measure of strong macro hysteresis, as developed by Piscitelli et al., was incorporated into import...

Purpose – The purpose of this paper is to investigate the hysteresis hypothesis for the price and quantity of Brazilian imports in recent years. Design/methodology/approach – The empirical measure of strong macro hysteresis, as developed by Piscitelli et al. , was incorporated into import...