Ribeiro, Eduardo Pontual; Corseuil, Carlos H. - Econometric Society - 2004
Over the 1990’s Brazil experienced a massive trade liberalization and wide variation in the real exchange rate. At …. The main goal of this article is to idntify the effects of the exchange rate and trade liberalization on job and worker … flows in Brazil. Using a novel sector exchange rate measure, our results suggest that a depreciation of the exchange rate …