Showing 1 - 10 of 499
Persistent link: https://www.econbiz.de/10012136826
This paper shows estimates of the optimal level of foreign reserves for Brazil between the first quarter of 1998 and … various alternative scenarios and assumptions regarding the model's main parameters, the observed level of reserves in Brazil …
Persistent link: https://www.econbiz.de/10003757832
macroeconomic stability in Brazil. For this purpose,besides a revision in the literature, the paper develops an empirical study on … the effects of financial liberalization in Brazil on a set of macroeconomic variables usingtwo models: one with a de jure … intends to evaluatethe proposal that the full convertibility of capital account in Brazil would result in the reduction of …
Persistent link: https://www.econbiz.de/10003916574
This article analyzes the exchange rate misalignment in Brazil in the period between 1994 and the early 2008, exploring … estimations allowed the calculation of the exchange rate misalignment in Brazil. This shows that the exchange rate was overvalued … discusses the main causes of the exchange rate misalignment in Brazil, focusing on the recent period. In this regard, the …
Persistent link: https://www.econbiz.de/10003857099
analysis to the Trade Defence Policy of Brazil. …
Persistent link: https://www.econbiz.de/10009268921
This paper analyzes Brazilian vulnerability to changes in international state of expectations as a result from the nature of its insertion in the external scenario and from institutional changes in foreign exchange market and financial account convertibility. For that purpose, it evaluates the...
Persistent link: https://www.econbiz.de/10011729340
This paper aims to show that the fiscal and monetary counter-cyclical actions implemented by Brazilian government after the financial crisis were frugal: the monetary policy was late and slowly slackened and the fiscal policy sustain a primary surplus budget, in the opposite direction of much...
Persistent link: https://www.econbiz.de/10009230816
In the wake of the debates on Digitalized Finance, and updating some of its main findings regarding the prognoses of the Fourth Industrial Revolution, this paper presents an overview of recent developments, as well as the main tendencies of the process of digitalization of the Brazilian capital...
Persistent link: https://www.econbiz.de/10011805857
implications of and perspectives for the internationalization of the banking system, with emphasis on Brazil. …
Persistent link: https://www.econbiz.de/10009156718
This paper aims to examine the evolution of currency risk exposure of Brazilian corporations, especially exporting companies, from the 2008 crisis, when several companies suffered substantial losses due to the decline of the real. We analyze their financial based on the usage of derivatives, as...
Persistent link: https://www.econbiz.de/10009663426