What is behind the Brazilian stabilization?
This paper presents a two-country general equilibrium model to study the Brazilian stabilization, emphasizing role of the exchange rate policy before the stabilization. The model is able to reproduce, in qualitative terms, some of the facts that followed the Brazilian monetary reform.<br>Este...
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| Format: | Article |
| Language: | English |
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Fundação Getúlio Vargas
2001-03-01
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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=S0034-71402001000100006 |
| Summary: | This paper presents a two-country general equilibrium model to study the Brazilian stabilization, emphasizing role of the exchange rate policy before the stabilization. The model is able to reproduce, in qualitative terms, some of the facts that followed the Brazilian monetary reform.<br>Este artigo adota um modelo de equilíbrio geral com dois países para estudar a estabilização brasileira, enfatizando o papel da política cambial no período anterior ao Plano Real. O modelo reproduz, em termos qualitativos, alguns dos fatos observados após a reforma monetária. |
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| ISSN: | 0034-7140 1806-9134 |