Showing 1 - 10 of 258
This paper aims to estimate the equilibrium real exchange rate for the Brazilian economy. The equilibrium exchange rate is defined as the level of exchange that guarantees that the net foreign asset position is stable over time. An econometric model is estimated using cointegration techniques....
Persistent link: https://www.econbiz.de/10009314554
This paper aims to estimate the equilibrium real exchange rate for the Brazilian economy. The equilibrium exchange rate is defined as the level of exchange that guarantees that the net foreign asset position is stable over time. An econometric model is estimated using cointegration techniques....
Persistent link: https://www.econbiz.de/10010330875
As emerging economies experience a boom in capital inflows after the global financial crisis, governments were increasingly concerned about the downsides of these inflows. Even the IMF (International Monetary Fund), long a stalwart proponent of financial liberalization, has engaged in a new...
Persistent link: https://www.econbiz.de/10012146760
As emerging economies experience a boom in capital inflows after the global financial crisis, governments were increasingly concerned about the downsides of these inflows. Even the IMF (International Monetary Fund), long a stalwart proponent of financial liberalization, has engaged in a new...
Persistent link: https://www.econbiz.de/10011942236
Persistent link: https://www.econbiz.de/10001078542
As mudancas relacionadas ao processo de liberalizacao comercial na economia brasileira tem sido objetivo de varios estudos que enfocam os efeitos sobre o setor industrial. O presente trabalho analisa o impacto dessas mudancas sobre o grau de protecao (ou taxacao) nominal de produtos agricolas...
Persistent link: https://www.econbiz.de/10015161834
This paper aims at assessing the effects of real exchange rate overvaluation over the export composition for developing countries in a time span of 1970-2004. For this intent, it is estimated an exchange rate overvaluation index by using panel cointegration techniques (Dynamic Ordinary Least...
Persistent link: https://www.econbiz.de/10009615774
Persistent link: https://www.econbiz.de/10009661622
Persistent link: https://www.econbiz.de/10008857715
This paper investigates the relationship between interest rate and volatility of real effective exchange rate in Brazil …, it was observed that: it’s not possible to say that the percentage change in real effective exchange rate, its volatility … inflation targeting, this account suggests that the high exchange rate volatility in Brazil may be related to the monetary …
Persistent link: https://www.econbiz.de/10009229326