Browsing FGV EESP - Textos para Discussão / Working Paper Series by Subject "Câmbio"
Now showing items 1-16 of 16
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Addressing important econometric issues on how to construct theoretical based exchange rate misalignment estimates
2015-10-26Exchange 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 ... -
Agregação temporal e não-linearidade afetam os testes da paridade do poder de compra: evidência a partir de dados brasileiros
2012-07-05Este artigo analisa as séries de câmbio real brasileira calculada a partir de índices de preços ao consumidor para o Brasil e 21 parceiros comerciais no período de 1957 a 2010. O primeiro objetivo deste trabalho será o de ... -
Análise do mecanismo de transmissão dos preços internacionais de commodities agrícolas sobre o comportamento da taxa de câmbio real no Brasil
2010-05-26This paper examined the transmission mechanism of international prices of agricultural commodities into the real exchange rate in Brazil for the period from January 2000 to February 2010. We used time series models (ARIMA ... -
Assessing interdependence among countries' fundamentals and its implications for exchange rate misalignment estimates: An empirical exercise based on GVAR
2015-03-25Exchange rates are important macroeconomic prices and changes in these rates a ect economic activity, prices, interest rates, and trade ows. Methodologies have been developed in empirical exchange rate misalignment studies ... -
The Brazilian foreign exchange market through the microstructure perspective
2015-07-27The objective of this study is to investigate whether the relationship between order ow and the spot exchange rate stems from the fact that the ow aggregates information on dispersed economic fundamentals in the economy. ... -
Câmbio e arrecadação municipal no Brasil: uma análise empírica de 2004 a 2007
2010-05-27Este trabalho busca testar empiricamente a associação estatística entre taxa de câmbio real local e arrecadação dos municípios brasileiros para o período de 2004 a 2007. O trabalho apresenta evidências empíricas sobre a ... -
O conteúdo informacional das transações no mercado futuro de câmbio: uma investigação do caso brasileiro
2012-07-30Modelos de microestrutura da taxa de câmbio têm recebido especial atenção nos últimos anos por capturarem de forma mais acurada as nuances deste mercado e evidenciarem a existência de informação assimétrica entre os agentes ... -
Crises financeiras recentes e poupança externa
2007-12-05A Década de 90 foi Marcada Pela Ocorrência de Crises Financeiras. este Trabalho Investiga a Ligação entre a Recorrência À Poupança Externa, a Deterioração das Restrições de Solvência e Liquidez e a Eclosão das Crises Financeiras. -
Desalinhamento cambial no Brasil após o plano real: uma análise empírica
2007-12-05The work addresses the current discussion in Brazil of possible negative effects of exchange rate overvaluation on growth and its adjustment dynamics in the short and long run. The paper presents econometric evidence of ... -
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 ... -
Exchange rate dynamics in Brazil
2010-06-16The paper aims to investigate on empirical and theoretical grounds the Brazilian exchange rate dynamics under floating exchange rates. The empirical analysis examines the short and long term behavior of the exchange rate, ... -
Growth and exchange rate volatility: a panel data analysis
2011-08-04The aim of this article is to assess the role of real effective exchange rate volatility on long-run economic growth for a set of 82 advanced and emerging economies using a panel data set ranging from 1970 to 2009. With ... -
O impacto da redução do custo do Brasil sobre a defasagem cambial
1997-05-01The aim of this paper is to evaluate the impact of a 'Brazil cost· reduction on exchange rate desequilibrium. Brazil cost here is intended to be any kind of productive ineficiency. Our main finding is that in general ... -
Structuralist macroeconomics and new developmentalism
2011-08-04This paper, first, presents some basic ideas and models of a structuralist development macroeconomics that complements and actualizes the thought of structuralist development economics that was dominant between the 1940s ... -
A taxa de câmbio no centro da teoria do desenvolvimento
2011-08-04This paper presents the main ideas of structuralist development macroeconomics – the theory behind new developmentalism. Its focus is on the exchange rate that is positioned for the first time in the core of development ...
