Showing 1 - 10 of 11
As emerging economies experience a boom in capital inflows after the global financial crisis, governments were increasingly concerned about the downsides of these inflows. Even the IMF (International Monetary Fund), long a stalwart proponent of financial liberalization, has engaged in a new...
Persistent link: https://www.econbiz.de/10012146760
The objective of this study is to analyze the determinants of private investment, especially private participation in infrastructure, focusing on the institutional quality of emerging economies. The emerging economies analyzed (Argentina, Brazil, China, Chile, Colombia, India, Indonesia,...
Persistent link: https://www.econbiz.de/10012146732
This paper aims to estimate the equilibrium real exchange rate for the United States 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 multivariate and...
Persistent link: https://www.econbiz.de/10010330699
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/10010330875
This paper aims to evaluate what are the main long run determinants of Chinese real exchange rate that have depreciated substantially compared to a basket of currencies. The Chinese government started a process of accumulating foreign reserve in growing speed measured in absolute or relative...
Persistent link: https://www.econbiz.de/10010330917
The main objective of this work is to assess the challenges to be faced by Brazil to become a full member of the Organisation for Economic Co-operation and Development (OECD) in terms of tax rules related to controlled foreign companies, transfer pricing, thin capitalization, and mandatory...
Persistent link: https://www.econbiz.de/10014518983
In this paper, the relationship between macroeconomic fundamentals and asset prices is explored by estimating the impact of macroeconomic announcements in the Brazilian futures market. Using intraday data from October 2008 to January 2011, results show that external macroeconomic announcements...
Persistent link: https://www.econbiz.de/10011516685
The recent financial crisis shed a new light on issues that, previously, were not perceived as serious or important. It highlighted the close ties between fiat money and government bonds denominated in it that imply a strong relationship between Treasury and Central Bank. Two ill-conceived views...
Persistent link: https://www.econbiz.de/10012146759
integration and productive development, under the aspects of market factors of production (land, labor, capital and technology … carried out and the integration among companies; the participation of the public and private sector and foreigners in the …
Persistent link: https://www.econbiz.de/10010330710
trajectory, specially focused on the regional development, aiming at characterizing the pattern of the territorial integration …. The inflexion one searches relies on the regional integration transformation, traditionally promoted as a means of … bibliographic review goes through the history of the South America economic integration, from a Brazilian standpoint, which …
Persistent link: https://www.econbiz.de/10010330889