Now showing items 1-2 of 2
Capitais internacionais: complementares ou substitutos?
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2003-10-10)
This paper presents a theoretical and empirical analysis of the substitutability of international private capital flows. Both univariate and multivariate investigations of the capital movements related to the Brazilian ...
Foreign funding to an emerging market: the Monetary Premium Theory and the Brazilian Case, 1991 - 1998
(Escola de Pós-Graduação em Economia da FGV, 2002-10-23)
We develop a framework to explain the private capital flows between the rest of the world and an emerging economy. The model, based on the monetary premium theory, relates an endogenous supply of foreign capitals to an ...