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...
Autor principal: | |
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Formato: | article |
Idioma: | eng |
Publicado em: |
2011
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Assuntos: | |
Texto completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402011000300006 |
País: | Brasil |
Oai: | oai:scielo:S0034-71402011000300006 |