The Brazilian experience in managing interest-exchange rate nexus

Preprint OPEN
Ricardo Carneiro; Pedro Rossi;
(2013)
  • Subject: working paper, daadpartnership, finance-and-trade
    • jel: jel:E52 | jel:F4 | jel:E44

This paper addresses four main questions: firstly, it discusses some theoretical background related to the interest-exchange rate nexus; secondly, it makes an attempt to explain why the interest rate in Brazil is so high, examining briefly the main explanations for it; ... View more
Share - Bookmark