assumption of constant parameters over time. This study focuses on estimating the output gap for Brazil, employing a full …

I conduct a risk analysis of Brazil’s sovereign credit. My focus is on possible changes since 2016. Using a country …-level balance sheet framework, I analyze how Brazil’s liabilities pressure its assets, increasing borrowing needs and default …. Because of its export composition, Brazil faces risk from export demand volatility, and revenue is unable to hold this …

This paper explores the nexus between the financial cycle and business cycle in Brazil. Cycles are estimated using a … key economic relationships to be used in a consistent way. The results show that Brazil is now in the downturn phase of …

economic uncertainty, term premia, inflation expectations, and bond yields in Brazil. We find strong evidence that inflation … premia in Brazil through elevated exchange rate risk …

to explain the dynamics of economic activity in Brazil. Additionally we perform a robustness analysis and showed that the …