Maia, Sinézio Fernandes; Ramalho, Hilton Martins de Brito - In: Economia 7 (2006) 1, pp. 59-100
This paper makes an empirical analysis about the importance of nominal shocks and real disturbances on the Brazilian/USA real exchange rate (TCR) during the period of January of 1999 to December of 2003. Based in the Mundell-Flemming-Obstfeld model and data base obtained from the IPEA ,...