Now showing items 1-5 of 5

    • Essays on international finance, default and inflation 

      Santos, Rafael Chaves
      2006
      This thesis is composed by three papers, each one of them corresponding to one chapter. The first and the second chapters are essays on international finance appraising default and inflation as equilibrium outcomes for ...
    • Inflation targeting, credibility and confidence crises 

      Araújo, Aloísio Pessoa de; Santos, Rafael Chaves
      2007-09-01
      We study the interplay between the central bank transparency, its credibility, and the ination target level. Based on a model developed in the spirit of the global games literature, we argue that whenever a weak central ...
    • Inflation targeting, credibility and coordination aspects 

      Santos, Rafael Chaves; Araújo, Aloísio Pessoa de
      2007-02-09
      There are plenty of economic studies pointing out some requirements, like the inexistence of fiscal dominance, for inflation targeting framework be implemented in successful (credible) way. Essays on how public targets ...
    • Monetary arrangements for emerging economies 

      Santos, Rafael Chaves; Araújo, Aloísio Pessoa de; Leon, Márcia Saraiva
      2007-09-01
      In this paper we look at various alternatives for monetary regimes: dollarization, monetary union and local currency. We use an extension of the debt crisis model of Cole and Kehoe ([3], [4] and [5]), although we do not ...
    • Speculative attacks, openness and crises 

      Santos, Rafael Chaves; Araújo, Aloísio Pessoa de; Leon, Márcia Saraiva
      2007-09-01
      In this paper we propose a dynamic stochastic general equilibrium model to evaluate financial adjustments that some emerging market economies went through to overcome external crises during the latest decades, such as ...