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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Detalhes bibliográficos
Autor principal: Souza-Sobrinho,Nelson F. (author)
Formato: article
Idioma:eng
Publicado em: 2011
Assuntos:
Texto completo:http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402011000300006
País:Brasil
Oai:oai:scielo:S0034-71402011000300006