A crise cambial do encilhamento: algumas observações sobre a interpretação de Celso Furtado

Cid de Oliva Botelho Júnior

Revista Economia e Sociedade, 2003, vol. 21, 20

Abstract: This is a study about exchange crisis in the beginning of Republic. Is shows the relation between credit expansion and mil-réis overshooting. Furtado´s analysis is incorrect to explain this event. This paper concludes the capital account adverse behavior

Keywords: Encilhamento, Payments balance; Exchange rate (search for similar items in EconPapers)
JEL-codes: N16 (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:euc:ancoec:v:21:y:2003:p:275-294

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