Maia, Sinezio Fernandes; Jubert, Roberto Wagner; … - 2008
literature suggeststhat significant shocks in the exchange rate induce persistent changes in the relationshipbetween the exchange … results indicate existence of simple hysteresis in the exchange rate and in the Brazilian imports as well weakhysteresis in … rate and the international trade. Such phenomenon is called hysteresis.In this sense, the objective of this work is to …