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Cenário em 7 tópicos
Observatory on exchange rate
Conjuntura e perspectivas econômicas
The aftermath of 2008 turmoil on Brazilian economy: Tsunami or “Marolinha”?
Financial events in 2008 had global impacts. We test whether U.S downturn had an impact on Brazilian economic activity and if it was unusual. We run policy ineffectiveness test (Pesaran and Smith [2014, 2016]) and Chow ...