The study analyses, through a panel data model, the determinants of the net capital flow (the net sum of direct investment, portfolio investment, financial derivatives and other investment) and its volatility for a group of nineteen emerging economies in the period of 1980-2011 and suggests a...

O presente trabalho objetiva analisar empiricamente as relações entre crescimento econômico e abertura da conta financeira do balanço de pagamentos, tendo como lementos centrais a restrição imposta pelo Balanço de Pagamentos ao crescimento econômico, bem como s dificuldades associadas à...

The real exchange rate (RER) can be considered one of the most important relative price of economics, given the influence it exerts on many other prices and variables, and may be overvalued, among other factors, as a symptom of the existence of a Dutch disease process. Thus, seeking to prove...