Zobrazeno 1 - 4
of 4
pro vyhledávání: '"Márcio G.P. Garcia"'
Publikováno v:
EconomiA, Vol 22, Iss 1, Pp 19-37 (2021)
In third generation currency crises models, balance sheet losses from currency depreciations propagate the crises into the real sector of the economy. To test these models, we built a firm-level database that allowed us to measure currency mismatches
Externí odkaz:
https://doaj.org/article/b8cef4df21ad480db9bc24c101aa24fa
Publikováno v:
EconomiA, Vol 20, Iss 3, Pp 139-152 (2019)
Since the mid 1990s, theories of speculative attacks have argued that fixed exchange rate regimes induce excessive borrowing in foreign currency as an optimal response to implicit guarantees that the government will not devalue the domestic currency.
Externí odkaz:
https://doaj.org/article/33ccb51691eb4184b1f18cf5e35e66f0
We analyze the Brazilian experience in the 1990s to assess the effectiveness of controls on capital inflows in restricting financial inflows and changing their composition towards long term flows. Econometric exercises (VARs) showed that controls on
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::2d567c8ca83c1d00e0442ceeddc8c283
http://www.nber.org/papers/w12283.pdf
http://www.nber.org/papers/w12283.pdf
Autor:
Márcio G.P. Garcia
Publikováno v:
Estudos Econômicos, Vol 25, Iss 3 (1995)
O sucesso do Piano Real em manter a inflação baixa nos próximos anos depende da obtenção de reduzidas taxas de expansão monetária. Para tanto, e necessário não só eliminar o financiamento inflacionário do deficit fiscal, como tambem a pass