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This paper attempts to extend empirical investigations about the asymmetric effects of monetary shocks in the Brazilian economy. We specify and estimate a nonlinear smooth transition vector autoregressive model including output, price level, exchange rate and a monetary policy indicator (Selic...
Persistent link: https://www.econbiz.de/10010330562
United States and India represent trade partners with strong demand for Brazilian food or interesting potential for … agricultural exports. Results based on identifying products in which USA or India were leader or intermediate markets in buying … sugar cane deserve attention. At the same time, India demands a smaller number of Brazilian agricultural products. This …
Persistent link: https://www.econbiz.de/10011372172