Present value tests of the Brazilian current account
During the 90s, and in particular after the adoption of the Real Plan in 1994, a clear deterioration in the Brazilian current account has been observed. This fact attracted immediate attention to the question of whether or not the economy is obeying its external present value constraint, i.e., whet...
| Main Authors: | , |
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| Format: | Article |
| Language: | Portuguese |
| Published: |
Universidade de São Paulo
2000-04-01
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| Series: | Economia Aplicada |
| Subjects: | |
| Online Access: | https://www.revistas.usp.br/ecoa/article/view/218773 |