Effects of overvaluation and exchange rate volatility over industrial investment : empirical evidence and economic policy proposals for Brazil

The present article aims to analyze the recent behavior of real exchange rate in Brazil and its effects over investment per worker in Brazilian manufacturing and extractive industry. Preliminary estimates presented in the article shows an over-valuation of 48% of real exchange rate in Brazil. The re...

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Main Authors: Oreiro, José Luís da Costa, Basilio, Flávio Augusto Corrêa, Souza, Gustavo José de Guimarães e
Format: Artigo
Language: English
Published: Editora 34 2017
Subjects:
Online Access: http://repositorio.unb.br/handle/10482/29171
https://dx.doi.org/10.1590/S0101-31572014000300001
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