Browsing by Subject "Câmbio"
Now showing items 61-80 of 157
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Do equity and foreign currency risk premiums display common patterns?
2006-11-24In da Costa et al. (2006) we have shown how a same pricing kernel can account for the excess returns of the S&:P500 over the US short term bond and of the uncovered over the covered trading of foreign government bonds. In ... -
Does mixed frequency vector error correction model add relevant information to exchange misalignment calculus? Evidence for United States
2015-03-25Real exchange rate is an important macroeconomic price in the economy and a ects economic activity, interest rates, domestic prices, trade and investiments ows among other variables. Methodologies have been developed in ... -
Dois euros, inflação ou bolsa país?
2011-06-03 -
The Dutch disease and its neutralization: a Ricardian approach
2008-03-01The Dutch disease is a major market failure originated in the existence of cheap and abundant natural or human resources that keep overvalued the currency of a country for an undetermined period of time, thus turning non ... -
The effects of government deficit on equilibrium real exchange rates and stock prices
2003-05-15This paper studies the effect of government deficits on equilibrium real exchange rates and stock prices. The theoretical part modifies a two-country cash-in-advance model like used in Lucas(1982) and Sargent(1987) in order ... -
Elections and exchange rate policy cycles
2001-10-01 -
Emissões de eurobonds tem impacto no cupom cambial?
2011-01-11The purpose of this study is to estimate the impact of brazilian corporate issues in USD on Cupom Cambial. We can view Cupom Cambial, under Cover Interest Parity (CIP), as a result of two components: Risk-free rate (Libor) ... -
Ensaios em dívida soberana
2012-06-22The aim of this dissertation is to collaborate with the international finance literature, addressing the debate on the 'acceptable' sovereign debt limits debt, as well as addressing on debt denomination in the international ... -
Ensaios em econometria aplicada
2009-10-26This thesis has three chapters. Chapter 1 explores literature about exchange rate pass-through, approaching both empirical and theoretical issues. In Chapter 2, we formulate an estate space model for the estimation of the ... -
Ensaios sobre o papel da taxa de câmbio no desenvolvimento
2012-05-29This work consists of three parts. The first chapter assesses the possibility of “savings displacement”. According to Bresser-Pereira and Nakano (2003), there is in emerging economies a high rate of substitution of foreign ... -
Escolhas duras ou nenhuma escolha?
2010-12-03 -
Especulative (sic) attack on exchange rate target zone regime : the uncertainty case
1995-05-25We present a continuous time target zone model of speculative attacks. Contrary to most of the literature that considers the certainty case, i.e., agents know for sure the Central Bank behavior in the future, we build ... -
Essays on the relationship between the equity and the forward premium puzzles
2006Our research agenda consists in showing this strong relation between these puzzles based on evidences that both empirical failures are related to the incapacity of the canonical CCAPM to provide a high volatile intertemporal ... -
Estimating relative risk aversion, risk-neutral and real-world densities using brazilian real currency options
2012-04-12Building Risk-Neutral Densities (RND) from options data can provide market-implied expectations about the future behavior of a financial variable. And market expectations on financial variables may influence macroeconomic ... -
Uma estimativa da taxa de câmbio de equilíbrio fundamental para Brasil e Coréia do Sul, 1974-85
1994-09-08Estima a taxa de câmbio de equilíbrio fundamental para Brasil e Coréia do Sul para cada ano do período 1974-85. Aborda as políticas governamentais dos dois países citados para lidar com o setor externo da economia, ... -
Estratégias de momentum no mercado cambial
2016-02-15Utilizo dados semanais para investigar a lucratividade de estratégias de momentum no mercado de câmbio baseadas em dois diferentes métodos de extração da tendência, possivelmente não linear. Comparo a performance com as ... -
Estudo das intervenções diárias do Banco Central do Brasil sobre o mercado de câmbio nacional, sua volatilidade e conseqüência na procura por proteção
2008-11-25Central Bank of Brazil has been acting frequently in the Brazilian spot market with interventions in the past years. These interventions increase international reserves, but may also, among other consequences, act on the ... -
Estudo das relações de paridade de juros para a economia brasileira no período recente
2002-09-16The aim of this paper is to test whether the correction of the interest parity conditions by market expectancy (uncovered parity) and by risk premium (covered and uncovered parity) results in a (close) econometric validation ...
