More than eleven years after the end of hyperinflation in Brazil, domestic bond markets have been unable to lengthen the average maturity of both public and private bonds. This paper shows that the lengthening is theoretically and practically (we analyzed the experiences of Israel, Mexico and...

More than eleven years after the end of hyperinflation in Brazil, domestic bond markets have been unable to lengthen the average maturity of both public and private bonds. This paper shows that the lengthening is theoretically and practically (we analyzed the experiences of Israel, Mexico and...

In the wake of the debates on Digitalized Finance, and updating some of its main findings regarding the prognoses of the Fourth Industrial Revolution, this paper presents an overview of recent developments, as well as the main tendencies of the process of digitalization of the Brazilian capital...

In the wake of the debates on Digitalized Finance, and updating some of its main findings regarding the prognoses of the Fourth Industrial Revolution, this paper presents an overview of recent developments, as well as the main tendencies of the process of digitalization of the Brazilian capital...

This work focuses the international market of soybean through the price relationships kept by these. Was chosen two models of time series: ARMAX and VAR. These models have a good performance in explaining simultaneity relationships among phenomena because they are multivariate models. The...

Starting with Lehman Brother’s demise in September 2008, the Brazilian real fell 42% vis-à-vis the US dollar. Such large exchange rate depreciation would typically cheer exporters up. However, it was later found that many export firms, including multibillion dollar ones, had suffered large...