Este trabalho tem por objetivo retropolar a série de desemprego de forma a compatibilizar a Pesquisa Nacional por Amostra de Domicílios Contínua na frequência trimestral com as demais séries de desemprego brasileiras. O ...

Recent works for mature markets on covered interest parity suggest that deviations are mean reverting but persistent particularly after 2008 crisis (Du et al., 2018). Our study aims to contribute to the literature by ...

Our paper aims to evaluate two novel methods on selecting the best forecasting model or its combination based on a Machine Learning approach. The methods are based on the selection of the ”best” model, or combination of ...

Assessing linkages across different regions and how macroeconomic shocks spread out across regions is not an easy task. In this study we address this problem using a global vector autoregressive methodology that deals with ...

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 ...

Este trabalho visa avaliar o poder preditivo que séries macroeconômicas tem sobre o índice de preços ao consumidor amplo do brasileiro (IPCA) utilizando técnicas de séries de tempo. As previsões são realizadas para um ...

Economic performance increasingly relies on global economic environment due to the growing importance of trade and nancial links among countries. Literature on growth spillovers shows various gains obtained by this ...

The main goal of this paper is to determine the effectiveness of fiscal policy in Brazil. With a sample from 1997 to 2014, we are not able to obtain the relevant impact of fiscal stimuli on output, even when altering both ...

This paper analyses the evolution of household income inequality in Brazil from 1977 and 2013 using Brazilian National Household Survey data at aggregated and regional levels. Four income shares quantiles are analyzed: Top ...

Exchange rate misalignment assessment is becoming more relevant in recent period particularly after the nancial crisis of 2008. There are di erent methodologies to address real exchange rate misalignment. The real exchange ...