On May 18th 2001, the Brazilian government created the "Chamber of Management for the Power Crisis", whose aim is to reduce 20% of electricity supply, from June to November, especially on regions Southeast, Midwest and Northeast. The objective of this paper is to estimate the fiscal impacts of...

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...