Showing 1 - 10 of 514
This article analyzes the exchange rate misalignment in Brazil in the period between 1994 and the early 2008, exploring its causes and consequences. The method used was to adjust the exchange rate according to the economic fundamentals. The estimations led to an expected long-term exchange rate,...
Persistent link: https://www.econbiz.de/10010330858
This article analyzes the exchange rate misalignment in Brazil in the period between 1994 and the early 2008, exploring its causes and consequences. The method used was to adjust the exchange rate according to the economic fundamentals. The estimations led to an expected long-term exchange rate,...
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
The theoretical and empirical international trade literature suggests that there is long-term valuation/devaluation of …) intercountry differentials of the services sector development; and, ii) non-neutral characteristic of the international financial … paper (1971-2002) and the international liquidity variable and a proxy variable for the differentials of the services sector …
Persistent link: https://www.econbiz.de/10004989663
The theoretical and empirical international trade literature suggests that there is long-term valuation/devaluation of …) intercountry differentials of the services sector development; and, ii) non-neutral characteristic of the international financial … paper (1971-2002) and the international liquidity variable and a proxy variable for the differentials of the services sector …
Persistent link: https://www.econbiz.de/10004968486
Persistent link: https://www.econbiz.de/10001285768
Persistent link: https://www.econbiz.de/10008857715
volatility is estimated on a panel data of 90 emerging and developing countries between 1980 and 2007. Estimates show that …
Persistent link: https://www.econbiz.de/10009319472
The present work examines the exchange regime transition in Brazil (1994 to 2003) based on the hypothesis of the existence of changes in the interaction of exchange rate, interest rates and inflation. It also examines to what extent one can say that there was a fear of floating. The results...
Persistent link: https://www.econbiz.de/10005085898
Persistent link: https://www.econbiz.de/10012949642