Santos, Allan Silveira dos; Neto, Angelo Rondina; … - In: Transnational Corporations Review 5 (2013) 4, pp. 81-95
This paper analyzes the relations between macroeconomic variables and the Brazilian stock market index, the Ibovespa … Ibovespa reacts negatively to impulses in the exchange rate, interest rate differential and variations in the Selic rate … investors, which explains the considerable variation in the Ibovespa index during that period. …