monetary authorities. This paper aims to measure the volatility of financial flows in Brazil and to apply different measures of … reversion of financial flows to Brazil and best captures external vulnerability in the economy. Our empirical results suggest … moments when Brazil is facing a period of inflows of international resources and the transition to sharp reversals and large …

capital flows to Brazil in the period of 1995-2002, considering different segments such as the monetary, derivative and equity …

, interest rate differential and stock of foreign exchange in Brazil in the period 1995-2004. The vector autoregressive model …

This paper shows estimates of the optimal level of foreign reserves for Brazil between the first quarter of 1998 and … various alternative scenarios and assumptions regarding the model's main parameters, the observed level of reserves in Brazil …

macroeconomic stability in Brazil. For this purpose,besides a revision in the literature, the paper develops an empirical study on … the effects of financial liberalization in Brazil on a set of macroeconomic variables usingtwo models: one with a de jure … intends to evaluatethe proposal that the full convertibility of capital account in Brazil would result in the reduction of …

This article analyzes the exchange rate misalignment in Brazil in the period between 1994 and the early 2008, exploring … estimations allowed the calculation of the exchange rate misalignment in Brazil. This shows that the exchange rate was overvalued … discusses the main causes of the exchange rate misalignment in Brazil, focusing on the recent period. In this regard, the …

analysis to the Trade Defence Policy of Brazil. …