The industrial equilibrium exchange rate in Brazil: an estimation
This paper presents a methodology for calculating the industrial equilibrium exchange rate, which is defined as the one enabling exporters of state-of-the-art manufactured goods to be competitive abroad. The first section highlights the causes and problems of overvalued exchange rates, particularly...
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Format: | Article |
Language: | English |
Published: |
Editora 34
2012-12-01
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Series: | Brazilian Journal of Political Economy |
Subjects: | |
Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572012000400007&lng=en&tlng=en |