The role of interest rates in the Brazilian business cycles
This paper offers additional insights on the relationship between interest rates and business cycles in Brazil. First, I document that Brazilian interest rates are very volatile, counter-cyclical and positively correlated with net exports, as observed in other emerging market economies. Next, I pres...
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| Format: | article |
| Language: | eng |
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2011
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| Online Access: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402011000300006 |
| Country: | Brazil |
| Oai: | oai:scielo:S0034-71402011000300006 |