Real Exchange Rate Appreciation
Mostrando 1-9 de 9 artigos, teses e dissertações.
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1. EXCHANGE RATE APPRECIATION IN BRAZIL: IS THE GOVERNMENT GUILTY? / VALORIZAÇÃO CAMBIAL NO BRASIL: O GOVERNO TEM CULPA?
Uma das razões tipicamente apontadas para a valorização cambial recente no Brasil é a expansão dos gastos públicos. Aparentemente, essa afirmação encontra amparo teórico, afinal, os modelos, em geral, sugerem que aumento do consumo do governo implica valorização real do câmbio. Contudo, boa parte da evidência empírica sugere o contrário. Além
IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia. Publicado em: 30/03/2012
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2. Regime cambial e mudança estrutural na indústria de transformação brasileira: evidências para o período (1994-2008)
Exchange rate regime and structural changes in the Brazilian manufacturing industry. This article proposes an analysis of the relationship between exchange rate regime and evolution of the Brazilian manufacturing industry during the period 1980-2008. Its main purpose is to detect the direction of the structural changes imposed by the new form of internationa
Brazil. J. Polit. Econ.. Publicado em: 2012-09
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3. Transformação estrutural: uma abordagem estatística para analisar o peso do setor industrial no produto
O objetivo do presente trabalho é investigar estatisticamente a influência de determinantes econômicos, tais como, PIB per capita, câmbio real, escolaridade, abertura comercial, peso do governo no produto e população, na perda de peso do setor industrial no produto. A regressão foi estruturada na forma de painel, com dimensão temporal, para capturar
Publicado em: 30/05/2011
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4. Taxa real de câmbio, desalinhamento cambial e crescimento econômico no Brasil (1994-2007)
Real exchange rate, exchange rate misalignment and economic growth in Brazil: 1994-2007. In this article we argue that the Brazilian economy presented in the period 1994-2007 a tendency of real exchange rate appreciation with respect to its equilibrium value, mainly from 2005. This exchange rate misalignment has worked to reduce the growth of Brazilian econo
Brazilian Journal of Political Economy. Publicado em: 2011-12
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5. Exchange rate regulation, the behavior of exchange rates, and macroeconomic stability in Brazil
In the last two decades an entirely new set of rules governing the foreign exchange transactions was established in Brazil, substituting for the framework inherited from the 1930s. Foreign exchange controls were dismantled and a floating exchange rate regime replaced different forms of peg. In this paper we argue that although successful by comparison to pre
Brazilian Journal of Political Economy. Publicado em: 2011-12
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6. Hysteresis in brazilian manufactured exports: a panel cointegration analysis / Hysteresis nas exportações manufaturadas brasileiras: uma análise de cointegração com dados em painel
In spite of the recent fall of the growth rate of Brazilian exports, the response of external sales to the appreciation of the exchange rate has been slower than what was predicted by economic theory. These evidences suggest that deviations from a long-run relationship between exchange rate and exports may take longer to be corrected, motivating the investig
Publicado em: 2010
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7. FLUXOS DE CAPITAIS E CRESCIMENTO ECONÔMICO: O PAPEL DO APROFUNDAMENTO FINANCEIRO E O CANAL DO CÂMBIO / CAPITAL FLOWS AND ECONOMIC GROWTH: THE ROLE OF FINANCIAL DEPTH AND THE EXCHANGE RATE CHANNEL
The objective of this paper is to investigate empirically a possible causal relation between capital flows (and financial openess in a widely fashion) and long run economic growth. With a sample of 70 countries in the period ranging from 1970 to 2004 we estimated econometric panels to test for the presence of a productivity growth enhancing effect of higher
Publicado em: 2008
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8. Effect of the trade opening and the external liquidity on the growth of the Brazilian agriculture sector / Efeitos da abertura comercial e da liquidez externa sobre o crescimento do setor agropecuário brasileiro
The process of Brazilian external opening, seen under the light of the trade opening and financial liberalization, has provoked deep changes in the world-wide economic political scene. In Latin America, this process began in 1990s and was implemented in order to get macroeconomic stability. In Brazil, after the external opening, the agriculture sector, which
Publicado em: 2008
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9. Ajustamento da Taxa de Câmbio após a Crise Cambial / Exchange Rate Adjustment After an Exchange Rate Crises
The objective of this project is to investigate the adjustment of the exchange rate during the transition from a fixed exchange rate regime with appreciated real exchange rate to a floating exchange rate regime. We will argue that de depreciation, well above de appreciation of the previous period, that occurred in several countries that experienced this chan
Publicado em: 24/11/2005