Showing 1 - 10 of 202
En este articulo se analizan la situacion y perspectivas de Brasil como resultado del proceso de globalizacion. Segun el autor, la globalizacion contribuye a desestructurar los sistemas productivos en favor de las empresas que planifican sus inversiones a escala internacional, a concentrar el...
Persistent link: https://www.econbiz.de/10001483185
policy transmissions over Brazilian economic aggregates are investigated, considering Brazil as home and US as foreign …
Persistent link: https://www.econbiz.de/10011864672
This paper presents a brief analysis of representative measures of inflation expectations from Central Bank of Brazil …'s Survey of Professional Forecasts that are alternative to the median response. We build time series with the mode and core …
Persistent link: https://www.econbiz.de/10011864728
We estimate a system of three behavioral equations for Brazilian children and teenagers (school absenteeism, health status and child labor). We relieved the assumption of independence of the disturbance terms of each equation. Moreover, if causality mechanisms between these three components...
Persistent link: https://www.econbiz.de/10011864746
In this paper, we extend Surico's (2007a) model to an open economy and test if the Brazilian Central Bank's loss function is asymmetric with regard to positive and negative deviations of the output gap and of the inflation rate from its target. Furthermore, we use tests for structural breaks to...
Persistent link: https://www.econbiz.de/10011864751
Issues like structural breaks and misspecification biases make it difficult to find a term structure of interest rates forecast model that dominates all competitors. Focusing on Brazilian data, this paper aims to identify the existence of combining methods that provide superior performance than...
Persistent link: https://www.econbiz.de/10011864807
We investigate the determinants of the capital structure of Brazilian companies between 2000 and 2009. We use a quantile regression model and compare its results with the ones provided by conventional models (least squares and fixed effects). We show that the effects of the capital structure...
Persistent link: https://www.econbiz.de/10011864841
The main objective of this paper is to estimate a Central Bank reaction function that accounts for the effects of directors' rotation of the Brazilian COPOM (Monetary Policy Committee). The reaction function proposed is assumed to be the mechanism for inflation targeting policy. It accounts for...
Persistent link: https://www.econbiz.de/10011864874
In this paper we visit the capital income taxation in Brazil to know whether and to what extent interest on net equity … Development Bank in Brazil. Based on King and Fullerton methodology for computation of effective tax rates, this paper derives the … pre-tax and post-tax rates of return on investment, the tax wedges and the correspondent effective tax rates in Brazil …
Persistent link: https://www.econbiz.de/10011864958
for the political scenario in Brazil. Results, from 1999M9 until 2010M5, show that unemployment and the minimum wage are …
Persistent link: https://www.econbiz.de/10011864999