Cyclical Fluctuations in Brazil's Real Exchange Rate : The Role of Domestic and External Factors /
This paper examines the effects of capital inflows and domestic factors on Brazil's real exchange rate. It describes the analytical framework, and then estimates a near-VAR model linking capital flows, interest rate differentials, government spending, money-base velocity, and the temporary comp...
Autor principal: | |
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Altres autors: | , |
Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
1997.
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Col·lecció: | IMF Working Papers; Working Paper ;
No. 1997/128 |
Accés en línia: | Full text available on IMF |