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This 2013 Article IV Consultation highlights that Brazil’s economy is recovering gradually from the slowdown that began in mid-2011. Consumption remained resilient last year underpinned by low unemployment and broad gains in real wages, although it has slowed somewhat more recently. After...
Persistent link: https://www.econbiz.de/10011244850
This paper assesses Brazil's growth performance from a long-term perspective, using crosscountry and panel estimation … macroeconomic stability and several reforms have helped raise per capita growth in Brazil since the mid-1990s. The results also show …
Persistent link: https://www.econbiz.de/10005826652
"Brazil is the world's largest producer of ethanol, a biofuel used mainly in automobiles as an additive or alternative … had both successes and failures. Although Brazil's program was criticized as being uneconomic during periods of low oil … economy... For countries that wish to improve their energy security while promoting rural development, Brazil's experience …
Persistent link: https://www.econbiz.de/10004996941
spending playing a key role. To illustrate the importance of these findings, the paper focuses on the case of Brazil. Our … results suggest that maintaining fiscal discipline while increasing public investment in Brazil is likely to ease real …
Persistent link: https://www.econbiz.de/10010790305
This 2012 Global Food Policy Report is the second in an annual series that provides an in-depth look at major food policy developments and events. Initiated in response to resurgent interest in food security, the series offers a yearly overview of the food policy developments that have...
Persistent link: https://www.econbiz.de/10010630750
This paper characterizes the term structure of Treasury bond yields for Brazil, and estimates a Nelson-Siegel Model to …
Persistent link: https://www.econbiz.de/10009147330
Intuitively core inflation is understood as a measure of inflation where noisy price movements are avoided. This is typically achieved by either excluding or downplaying the importance of the most volatile items. However, some of those items show high persistence, and one certainly does not want...
Persistent link: https://www.econbiz.de/10011144610
and income inequality in Brazil over the period 1995-2011. The results indicate that a tighter fiscal stance at the sub …
Persistent link: https://www.econbiz.de/10011123824
expectations to provide a comparison of inflation persistence in Brazil with a sample of inflation targeting (IT) countries. This … approach suggests that inflation persistence increased in Brazil through early 2013, in contrast to many of its IT peers …
Persistent link: https://www.econbiz.de/10011123875
Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central role in monetary policy of assessments of economic activity relative to capacity. We show that...
Persistent link: https://www.econbiz.de/10011163120