Showing 1 - 10 of 18
This paper shows estimates of the optimal level of foreign reserves for Brazil between the first quarter of 1998 and the same trimester of 2008, by applying the Jeanne e Ranciére (2006) framework, using different scenarios. We also estimate the fiscal costs of holding this asset, as well as the...
Persistent link: https://www.econbiz.de/10003757832
Persistent link: https://www.econbiz.de/10001535212
This work aims to analyze if the trajectory and composition of net and gross, public debt and external liabilities can hinder the growth of Brazilian GDP. The work concludes that fiscal indicators are more comfortable that external indicators. The net public debt is falling and less linked to...
Persistent link: https://www.econbiz.de/10009633316
The purpose of this research is to examine the international insertion of Brazilian banking system, in comparison with the South Korean and Mexican experiences. Since the second half of the 1990s, these countries deepened the financial integration between their economies and international...
Persistent link: https://www.econbiz.de/10009156718
The growing interest of Brazilian companies in the Argentine market has attracted the attention of the both economies on the implications and the reasons behind of this phenomenon. Recent data show a marked increased tendency flow of foreign direct investment (FDI) in Brazil toward the...
Persistent link: https://www.econbiz.de/10009230228
Persistent link: https://www.econbiz.de/10009730202
This paper aims to discuss the determinants of Brazilian inflation measured by the Extended National Consumer Price … more influence on inflation are ordered by the so-called Inflation Targeting Pressure Index (ITPI), designed to measure the … function method, with monthly data from 1999 to 2009 to estimate the macroeconomic determinants of inflation in the 22 …
Persistent link: https://www.econbiz.de/10009268927
flexibilizxation of the inflation targets model. …
Persistent link: https://www.econbiz.de/10003909680
the administration of inflation. Finally, the article discusses the consequences of the overvalued exchange rate by the …
Persistent link: https://www.econbiz.de/10003857099
This paper aims to estimate the equilibrium real exchange rate for the Brazilian economy. The equilibrium exchange rate is defined as the level of exchange that guarantees that the net foreign asset position is stable over time. An econometric model is estimated using cointegration techniques....
Persistent link: https://www.econbiz.de/10009314554