Reis, Eustáquio José
[Verfasser:in];
Castro, Alexandre Samy de
[Verfasser:in];
Cavalcanti, Marco A. F. H.
[Verfasser:in];
Rossi Júnior, José Luiz
[Verfasser:in];
Araujo, Emerson Rildo de
[Verfasser:in]
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 1999 erstellt
Beschreibung:
In this paper we present projections for Brazil's balance of payments in 1999 under alternative scenarios for GDP growth and foreign capital inflows. Our main objective is to estimate the real exchange rate devaluation required for the country's external adjustment. Our simulations are based on the Quarterly Model of the Balance of Payments developed by the Department of Macroeconomics at IPEA