This paper estimates the Brazilian NAILO (Nonaccelerating Inflation Level of Output), obtains (Bayesian) probability bands for the Nailo and for its growth rate, and investigates the relationship between deviations of output with respect to the Nailo and the acceleration of inflation. As...

The uncertainties and economic effects after the outbreak of Covid-19 raised major concerns about the business conditions of the Brazilian automotive sector. This study contributes to this debate in course and analyzes the demand and supply of automobiles and light commercial vehicles in the...

This paper estimates the Brazilian NAILO (Nonaccelerating Inflation Level of Output), obtains (Bayesian) probability bands for the Nailo and for its growth rate, and investigates the relationship between deviations of output with respect to the Nailo and the acceleration of inflation. As...

The uncertainties and economic effects after the outbreak of Covid-19 raised major concerns about the business conditions of the Brazilian automotive sector. This study contributes to this debate in course and analyzes the demand and supply of automobiles and light commercial vehicles in the...

Pretende-se estudar a mobilidade internacional do capital e a problemática associada da sustentabilidade externa, do ponto de vista da tese de Feldstein-Horioka (F-H), e aplicar esta tese à economia portuguesa. Partindo do princípio das vantagens da mobilidade internacional do capital,...

English Abstract: The long-horizon event study methodology is used to document the severe impact of the US subprime mortgage crisis on the Colombian economy. The estimated parameter of a constant mean return model is used to derive the “abnormal return” on the market portfolios of Colombia...

O trabalho analisou as inter-relações entre as taxas de juros domésticas (SELIC e SWAP DI-PR_E 360) e outras variáveis que teoricamente as afetam ou são afetadas por elas, como: o índice EMBI+, o câmbio, a inação e a razão DLSP/PIB. Além destas variáveis foram introduzidos na analise...

This article presents various econometric specifications - most notably Markov- Switching models - for the fiscal reaction function of the Brazilian consolidated public sector after the 1994 ?Real Plan?. The results reported here strongly suggest that a major structural break has happened in the...