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Desalinhamento cambial no Brasil após o plano real: uma análise empírica

Author

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  • Lucinda, Cláudio Ribeiro de
  • Gala, Paulo

Abstract

The work addresses the current discussion in Brazil of possible negative effects of exchange rate overvaluation on growth and its adjustment dynamics in the short and long run. The paper presents econometric evidence of possible exchange rate misalignments in Brazil since 1994. Using monthly data from January 1995 until September 2006 we study real exchange rate levels and equilibrium dynamics

Suggested Citation

  • Lucinda, Cláudio Ribeiro de & Gala, Paulo, 2007. "Desalinhamento cambial no Brasil após o plano real: uma análise empírica," Textos para discussão 167, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    • Handle: RePEc:fgv:eesptd:167
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    Cited by:

    1. Eliane Cristina de Araujo & Marcos Vinicius Chiliatto Leite, 2009. "Sobreapreciação Cambial no Brasil: Estimativa, Causas e Consequências (1994-2008)," Discussion Papers 1404, Instituto de Pesquisa Econômica Aplicada - IPEA.

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