This paper seeks to fill a gap in the literature on frontier market economies (FMEs) with the following two research questions: (i) Which are the drivers of FMEs' integration into financial globalisation? (ii) What explains the greater vulnerability of FMEs compared to emerging market economies...

Este artigo objetiva avaliar a relação entre liberalização da conta capital, performance econômica e estabilidade macroeconômica no Brasil. Para tanto, além de uma revisão da literatura, o artigo realiza uma avaliação empírica dos efeitos da liberalização financeira no Brasil sobre...

This paper aims at analyzing the relationship between capital account liberalization,economic performance and macroeconomic stability in Brazil. For this purpose,besides a revision in the literature, the paper develops an empirical study on the effects of financial liberalization in Brazil on a...

This paper aims to evaluate how public debt management in Brazil has affected its sustainability in the 1996-2007 period. In 2003 Brazilian public debt management changed the trade off between cost minimization and risk minimization emphasizing the first element. Using a Markov-Switching model...

This paper deals with the role of the public debt on the transmission mechanism of monetary policy. An IS function where the Ricardian Equivalence does not prevail and Phillips curve are estimated by full information maximum likelihood (FIML), General Method of Moments (GMM) and bootstrap...

This paper aims to shed light on the dynamics of Brazilian services inflation in the 1999-2014 years. In order to do that, it first identifies all disaggregated components of the Brazilian consumer price index (IPCA) that can be characterized as services. These components are then translated...