[PDF] Top 20 ← Return to Article Details On the role of the exchange rate as a tool for industrial competitiveness

... “equilíbrio industrial” –, isso exige que o formulador de políticas determine o efeito das mudanças na taxa de câmbio, tanto em direção quanto em magnitude, nas demais variáveis ... See full document

... relation to the real exchange rate volatility, the results show it affects in- novation negatively in both country ...for the countries with well developed NIs the effect ... See full document

... based on the work undertaken by yue and hua (2002), and we concluded, as ex- pected by economic theory, that a renminbi appreciation would have a negative impact on China’s export ...using the ... See full document

... : The paper introduces a 2x2 taxonomy of exchange rate regimes in terms of convertibility restrictions (yes or no) and the form of price determination (floating versus ... See full document

... appears to be little positive role for public ownership, or indeed for so- cial ownership alternatives to individual private ownership, on the ‘third ...leader of the ... See full document

... During the program discussions I got the impression that IMF people wanted to include G7 money in the package not just to reach a large total amount of money but also to ... See full document

... object of study, but we will provide a special attention to brazil because it is the greatest country of the region and because the majority of the researchers that ... See full document

... addition to these negative “balance sheet” impacts, exchange rate depreciation would have negative “inflation” impacts owing to exchange rate ...store of value for ... See full document

... methodology to construct the World Price Index and the World Currency Index, both inputs to calculate the PPP index based on world indexes uses the relative PPP ...that ... See full document

... opening of the capital account allows surplus capital in developed coun- tries to seek higher returns on portfolio investments in middle-income ...Returns on financial assets are higher ... See full document

... source of distrust was the mechanism’s potential external fragility and the recessive correction formula for imbalances that ...had the potential for inconsistency that tends to make ... See full document

... that the control variables have the expected impact on the probability of ...default. The regressions included the debt crisis variable as a variable lagged one year, in ... See full document

... second, the fact that these markets account for only a marginal proportion of capital flows also contributes to their greater ...because the degree of instability of investments ... See full document

... referred to as the bilateral real exchange rate) was relatively stable between 1968 and 1979, indicating that the policy makers managed the exchange rate to ... See full document

... therefore, the economic development, as it happened in many oil-producing countries; the second one, more uncommon, took place in the neth- erlands, and eventually gave rise the to ... See full document

... entirely on fluctuations in the nominal exchange ...Periods of relative stability and large interest rate differentials provide strong incentive to traders, as in 2005 and ... See full document

... devaluation of the real, however, was ...though the contractionary impact of the crisis still lingered for some quarters, cap- ital inflows were resumed and the domestic currency ... See full document

... sures of bankers who demanded higher spreads and commissions. Unable to cope with these pressures, watching the uncontrolled evasion of reserves, and victimized by the faults of ... See full document

... Segundo o autor, a taxa de câmbio de “equilíbrio corrente” é aquela que ga- rante o equilíbrio intertemporal das transações correntes, mas que é, nos países em desenvolvimento, apreciada o suficiente para inviabilizar ... See full document

... Em se tratando de dados regionais, Beato, Viegas & Peixoto (1998) mos‑ tram características da criminalidade em Minas Gerais, por regiões adminis‑ trativas e para algumas cidades, utilizando os registros da Polícia ... See full document