Now showing items 1-10 of 10

    • Elections and exchange rate policy cycles 

      Bonomo, Marco Antônio Cesar; Terra, Maria Cristina T. (Escola de Pós-Graduação em Economia da FGV, 2001-10-01)
    • Finance and changing trade patterns in Brazil 

      Terra, Maria Cristina T. (Escola de Pós-Graduação em Economia da FGV, 1999-09-24)
    • The political economy of exchange rate in Brazil 

      Terra, Maria Cristina T. (Escola de Pós-Graduação em Economia da FGV, 2007-10-01)
      This paper reviews part of the political economy literature on exchange rate policy relevant to understanding the political motivations behind the Brazilian exchange rate policy. We shall first examine the distributive ...
    • The political economy of exchange rate policy in Brazil: 1964-1999 

      Bonomo, Marco Antônio Cesar; Terra, Maria Cristina T. (Escola de Pós-Graduação em Economia da FGV, 1999-01-01)
      This paper was developed as part of a broader research program on the political economy of exchange rate policies in Latin America and the Caribbean. We are grateful for helpful comments and suggestions from Jeff Frieden, ...
    • Purchasing power parity: the choice of price index 

      Terra, Maria Cristina T.; Abreu, Ana Lucia Vahia de (Escola de Pós-Graduação em Economia da FGV, 2005-04-01)
      Looking closely at the PPP argument, it states that the currencies purchasing power should not change when comparing the same basket goods across countries, and these goods should all be tradable. Hence, if PPP is valid ...
    • Real exchange rate misalignments 

      Terra, Maria Cristina T.; Valladares, Frederico Estrella Carneiro (Escola de Pós-Graduação em Economia da FGV, 2003-08-02)
      This paper characterizes episodes of real appreciations and depreciations for a sample of 85 countries, approximately from 1960 to 1998. First, the equilibrium real exchange rate series are constructed for each country ...
    • Sources of comparative advantages in Brazil 

      Muriel, Beatriz; Terra, Maria Cristina T. (Escola de Pós-Graduação em Economia da FGV, 2007-12-01)
      Based on the Heckscher-Ohlin-Vanek model, this paper investigates relative factor abundance in Brazil, as revealed by its international trade. We study two different time periods: one characterized by high trade barriers ...
    • Special interests and political business cycles 

      Bonomo, Marco Antônio Cesar; Terra, Maria Cristina T. (Escola de Pós-Graduação em Economia da FGV, 2005-08-01)
      In this paper we bridge the gap between special interest politics and political business cycle literature. We build a framework where the interplay between the lobby power of special interest groups and the voting power ...
    • Trade liberalization and the evolution of skill earnings differentials in Brazil 

      Gonzaga, Gustavo Maurício; Menezes Filho, Naércio Aquino; Terra, Maria Cristina T. (Fundação Getulio Vargas, 2005-04-01)
      Skilled labor earnings differentials decreased during the trade liberalization implemented in Brazil from 1988 to 1995. This paper investigates the role of trade liberalization in explaining these relative earnings movements. ...
    • Trade liberalization and the evolution of skill earnings differentials in Brazil 

      Terra, Maria Cristina T.; Gonzaga, Gustavo Maurício; Menezes Filho, Naércio Aquino (Fundação Getulio Vargas, 2002-10-23)
      From 1988 to 1995, when trade liberalization was implemented in Brazil, relative earnings of skilled workers decreased. In this paper, we investigate the role of trade liberalization in explaining these relative earnings ...