Is There a Brazilian J-Curve?
We show that Marshall-Lerner condition holds for Brazilian trade balance, and discard a J-curve in the short run. We present these results using impulse-response functions in a variety of (linear and nonlinear) models, including Markov-switching, vector error-correction models.
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Textos para discussão
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- repec:ebl:ecbull:v:5:y:2003:i:18:p:1-13 is not listed on IDEAS
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