Mendonça, Helder Ferreira de; Pires, Manoel Carlos de … - Associação dos Centros de Pós-Graduação em … - 2004
In the 1990s the idea that capital account liberalization represented a mechanism for disciplining the conduction of the monetary policy in the search for price stability was developed. Based on this argument a new version of Gruben e McLeod's (2001) model and an empirical analysis were made for...