The political economy of exchange rate policy in Brazil: an empirical assessment
This paper investigates whether political economy factors contribute to explain the exchange rate policy in Brazil from 1964 to 1997. An analytical framework presents the tradeoff between the positive effect of a depreciated exchange rate on the balance of payments and its negative effect on inflati...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Fundação Getúlio Vargas
1999-12-01
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| Series: | Revista Brasileira de Economia |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71401999000400001 |