Business cycles in a small open Brazilian economy
We develop a dynamic general equilibrium model for a small open economy to investigatewhich combinations of preferences and distortions better replicate the Brazilian business cycles. We find that the preferences proposed by Greenwood, Hercowitz and Huffman (1988) in association with capital adjust...
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| Format: | Article |
| Language: | Portuguese |
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Universidade de São Paulo
2001-06-01
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| Series: | Economia Aplicada |
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| Online Access: | https://www.revistas.usp.br/ecoa/article/view/219765 |