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Política monetária em tempos de crise

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  • Teles, Vladimir Kühl
  • Mendonça, Diogo de Prince

Abstract

O presente artigo busca investigar como choques externos, como sudden stops e choques nos termos de troca, afetaram a economia brasileira. Para tanto propomos um modelo teórico simples de cash-in-advance com fricções financeiras de forma que choques de liquidez causam mudaças na alocação dos fatores de produção e na produtividade da economia. Em seguida o modelo é estimado para a economia brasileira e as implicações para política monetária sãoo analisadas.

Suggested Citation

  • Teles, Vladimir Kühl & Mendonça, Diogo de Prince, 2013. "Política monetária em tempos de crise," Textos para discussão 329, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    • Handle: RePEc:fgv:eesptd:329
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