Fiscal Dominance Regime
Mostrando 1-2 de 2 artigos, teses e dissertações.
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1. Exchange rate dynamics in Brazil
The paper aims to investigate on empirical and theoretical grounds the Brazilian exchange rate dynamics under floating exchange rates. The empirical analysis examines the short and long term behavior of the exchange rate, interest rate (domestic and foreign) and country risk using econometric techniques such as variance decomposition, Granger causality, coin
Publicado em: 16/06/2010
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2. Dominância fiscal ou dominância monetária no Brasil?: uma análise de causalidade
Brazils inflation targeting regime, which requires a floating exchange rate regime, coupled with high primary fiscal surpluses, helped absorb the external and domestic shocks that hit the economy in post-Real Plan period, maintaining inflation under control. However, a number of authors, such as Blanchard, Tanner e Ramos, and others advocate the predominance
Publicado em: 2006