Nominal Exchange Rate
Mostrando 1-12 de 29 artigos, teses e dissertações.
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1. Can correcting for real exchange rate misalignment help countries escape the middle-income-trap? An analysis of a natural resource-based economy: Chile
RESUMO O Chile é classificado como um país de alta renda, mas sofre das mesmas fraquezas que afetam os países de renda média. As mesmas políticas que estimularam a dependência dos recursos naturais e restringiram a expansão da base produtiva e exportadora, impediram a utilização da política cambial como instrumento de desenvolvimento econômico e s
Brazilian Journal of Political Economy. Publicado em: 2022
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2. The value of the exchange rate and the Dutch disease
This paper revisits the original (2008) paper on the Dutch disease, which defined it by the existence of two exchange rate equilibriums (the current and the industrial exchange rate equilibriums). Its novelty is in claiming that, as we have a value and a market price for each good or service, we also have a value and a market price for foreign money. The val
Brazil. J. Polit. Econ.. Publicado em: 2013-09
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3. Impacto da política fiscal sobre a taxa de câmbio : análise para o caso brasileiro através de um modelo DSGE com economia aberta
The present work aims to evaluate the fiscal policy impact on the open economy variables, including the exchange rate. In order to do this, it is used an DSGE model with external sector for Brazil, having Grith (2007) as a basis. This approach has significant advantages compared to the existing literature, such as: (i) the presence of a fiscal authority; nom
IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia. Publicado em: 2012
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4. Paridade do poder de compra e preços relativos no contexto de câmbio flutuante: evidências para o Brasil - 1999 a 2009 / Purchasing Power Parity and Relative Prices in the Context of Floating Exchange Rate Regime: Evidence from Brazil 1999-2009
O objetivo desse estudo é avaliar a validade da Teoria da Paridade do Poder de Compra (PPC) no Brasil em sua recente experiência de regime de câmbio flutuante, 1999M01-2009M12. São empreendidas decomposições da taxa de câmbio real de forma a evidenciar o papel da taxa de câmbio nominal, dos preços de bens comercializáveis e não comercializáveis,
IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia. Publicado em: 27/04/2011
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5. Monetary policy, default risk and the exchange rate
Em um país onde é alta a probabilidade de calote, aumentos da taxa de juro podem gerar depreciação da moeda local caso o default seja um evento custoso. Esse artigo desenvolve um modelo simples que capta esse efeito e estima o impacto de variações de juros sobre a taxa de câmbio no Brasil usando dados em torno das reuniões do Copom e a metodologia de
Revista Brasileira de Economia. Publicado em: 2011-03
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6. ESSAYS IN PRICE SETTING UNDER IMPERFECT INFORMATION / ENSAIOS EM FIXAÇÃO DE PREÇOS SOB INFORMAÇÃO INCOMPLETA
This thesis consists of three theoretical essays on topics in price setting under imperfect information. Unifying the essays are two features: (i) heterogeneous information about aggregate economic conditions and (ii) a moderate degree of complementarity in pricing decisions. In Chapter 1, the transmission of information is studied in a model with a vertical
Publicado em: 2010
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7. Determination of nominal interest rate and its relationship with the exchange rate in Brazil during the time period from 1990 to 2006 / Determinantes da taxa de juros nominal e sua relação com a taxa de câmbio no Brasil no período de 1990 a 2006
Nas duas últimas décadas, o Brasil vem praticando elevadas taxas de juros nominais em relação à taxa de inflação existente. Isso encarece o crédito, aumenta o endividamento e prejudica o crescimento econômico sustentado. Além disso, fatores como a implementação de políticas econômicas de combate à inflação, a aceleração do processo de aber
Publicado em: 2008
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8. Regimes cambiais em paises emergentes : a experiencia brasileira recente (1994-2006) / Exchange rate regimes in emerging countries : brazilian recent experience (1994-2006)
The deep changes verified at the international economy since the end of the Bretton Woods system created an ambience of a bigger complexity in which the opportunities opened to the countries that get into the financial globalization logic usually come with some dangers. The emergence of the euromarket, the development of direct finances and the financial lib
Publicado em: 2007
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9. A taxação da agricultura comercial e familiar no Brasil - 1995 a 2005 / The taxation of commercial agriculture and familiar farm in Brazil - 1995 and 2005
Historically, the Brazilian agribusiness is confronted with resource transfers due to several factors as exchange rate valuation, and indirect taxes. On the other hand, there are subsidies that compensate the taxations being the most important the subsidy to rural credit. This work evaluates the effects of the economic policies on the price of black beans in
Publicado em: 2007
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10. TERM STRUCTURE OF INTEREST RATES AND MACROECONOMIC DYNAMICS IN BRAZIL / ESTRUTURA A TERMO DA TAXA DE JUROS E DINÂMICA MACROECONÔMICA NO BRASIL
There is a close relationship between macroeconomic variables and the term structure of interest rates in Brazil. We characterize this relationship using the recent macro-finance approach adapted to the case of an emerging market economy.We find that (i) the yield curve have additional information about future economic growth; (ii) the forecasting power is i
Publicado em: 2006
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11. A administração da taxa de câmbio no Plano Real e os fundamentos econômicos brasileiros
The thesis analyses exchange rate anchors over the 90s and their relationship with economic fundaments. Specifically, it was examined whether the episodes of exchange rate volatility experienced in Brazil are directly caused by the deterioration of economic fundaments. First, the Real Plan was described, as well as the central role of the exchange rate ancho
Publicado em: 2006
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12. 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