Credibility and reputation: an application of the "external circumstances" model for the Real Plan
This paper analyzes credibility and reputation aspects of the Brazilian economic policy between August 1994 and December 1998. It uses an ''external circumstances'' model, which can be applied to countries with fixed or crawling-peg exchange rate policies. The model assumes that...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Fundação Getúlio Vargas
2002-10-01
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Series: | Revista Brasileira de Economia |
Subjects: | |
Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402002000400006 |