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This paper investigates the relationship between interest rate and volatility of real effective exchange rate in Brazil. Through a simultaneous multivariate GARCH model, which allows estimating equations for the mean and variance in a single stage, it was observed that: it’s not possible to...
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This study, in the light of transaction cost theory, has assessedthe contractual relationships, eliciting the contracts … are more linked to thespecific commodities. Purchase and sale contract of sugar cane (one), manioc and sugar cane (three …
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