Overvaluation trend of the Brazilian currency in the 2000s: empirical estimation
The aim of this paper is to discuss the trend of overvaluation of the Brazilian currency in the 2000s, presenting an econometric model to estimate the real exchange rate (RER) and which should be a reference level of the RER to guide long-term economic policy. In the econometric model, we consider l...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Editora 34
2015-03-01
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| Series: | Brazilian Journal of Political Economy |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000100003&lng=en&tlng=en |