Financial and Business Cycles in Brazil
Financial and Business Cycles in Brazil

Author: Mr.Ivo Krznar

Publisher: International Monetary Fund

Published: 2017-01-24

Total Pages: 28

ISBN-13: 1475571046

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This paper explores the nexus between the financial cycle and business cycle in Brazil. Cycles are estimated using a variety of commonly-used statistical methods and with a small, semistructural model of the Brazilian economy. An advantage of using the model-based approach is that financial and business cycles can be jointly estimated, allowing information from all key economic relationships to be used in a consistent way. The results show that Brazil is now in the downturn phase of the financial cycle. Moreover, the results underscore the importance of macro-financial linkages and highlight risks to the recovery going forward.

No to Recession and Unemployment
No to Recession and Unemployment

Author: Celso Furtado

Publisher: London : Third World Foundation for Social and Economic Studies

Published: 1984

Total Pages: 108

ISBN-13:

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Study of economic recession and the external debt crisis in Brazil - describes general economic conditions and the impossibility of debt repayment; questions the rationality of IMF economic policies and shows how a sovereign state can renegotiate a financial agreement, regain its freedom of action and eliminate inflation; includes a chronology of historical and political events. Graphs.