From capital inflow to inflation: the role of exchange rate and government debt
As an extension of Muinhos (1998), which found a negative relationship between capital inflows and inflation in Brazil, this paper attempts to obtain the intermediate variables that connect this relationship. Based on a three-good model of Agenor and Montiel (1996) it tests the real exchange rate an...
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Format: | Article |
Language: | English |
Published: |
Fundação Getúlio Vargas
2000-01-01
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Series: | Revista Brasileira de Economia |
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Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402000000100003 |