Browsing by Author "Rocha, Marcos Aurélio Andrade"

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Acumulação de capital, poupança externa e desempenho macroeconômico dos países emergentes

Rocha, Marcos Aurélio Andrade; Oreiro, José Luis
2011-04-01

This paper aims to present a non-linear dynamic model to evaluate the relationship between external savings and excessive external borrowings in emerging countries, resulted from large current account deficits. For this ...
Ensaios sobre o papel da taxa de câmbio no desenvolvimento

Rocha, Marcos Aurélio Andrade
2012-05-29

This 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 ...