Regimes cambiais: um modelo alternativo para o Brasil
AUTOR(ES)
Pires, Manoel Carlos de Castro
FONTE
Brazilian Journal of Political Economy
DATA DE PUBLICAÇÃO
2005-04
RESUMO
After the collapse of the Bretton Woods system, many frameworks of exchange rate have been proposed. The aim of this paper is to propose an alternative rule of exchange rate and evaluate the case for Brazil. The analysis of the Brazilian case made necessary the evaluation of auxiliary instruments for its implementation. The paper proposes the use of capital controls or scape clauses.