We use Propensity Score Matching in an novel way to classify Brazilian industrial firms according to their potential to export. Our four-level classification specifically identifies non-exporting firms which have a degree of international competitiveness similar to firms which export. This...

We thoroughly describe the workings of the Brazilian interbank exchange rate market: agents, products, regulation, operation and risks. We analyse the recent evolution of the exchange rate market and came to a negative evaluation of the current exchange rate trading system, thereby suggesting an...