Filho, Nelson H. Barbosa - Bernard Schwartz Center for Economic Policy Analysis … - 2001
This paper analyzes the relation between international liquidity and growth for Brazil in 1966-2000. Defining the … growth with international liquidity, and then check whether the results from such a model hold up in practice. The model … external finance. Thus, in face of fluctuations in international liquidity, one should expect fluctuations in growth after a …