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Modeling the term structure of interest rate is very important to macroeconomists and financial market practitioners in general. In this paper, we used the Diebold-Li interpretation to the Nelson Siegel model in order to fit and forecast the Brazilian yield curve. The data consisted of daily...
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showed to be qualitatively sufficient to anticipate the size of the pandemic risk that later materialized in Brazil. …
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We test forecast rationality for Brazilian inflation using Survey of Professional Forecasters (SPF) for each month. We … hypothesis with traditional time series approach for the consensus inflation but we do not reject the null hypothesis using … fluctuation rationality test of Rossi and Sekhposyan (2016). We obtain that there is bias in inflation forecasts in the easing and …
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Using the MIBRA model, an Applied Interregional General Equilibrium Model, constructed for the Brazilian economy and its five macro regions (North, Northeast, Central West, Southeast, an South), this papers tries to identify which would be the impact of the economic growth in the Brazilian...
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