Listagem FGV EPGE - Seminários de Pesquisa Econômica por Título "Monetary policy, default risk and the exchange rate"

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    • Monetary policy, default risk and the exchange rate 

      Gonçalves, Carlos Eduardo Soares
      2007
      In a country with high probability of default, higher interest rates may render the currency less attractive if sovereign default is costly. This paper develops that intuition in a simple model and estimates the effect of ...