EconPapers    
Economics at your fingertips  
 

External debt sustainability: empirical evidence in Brazil

Frederico Gonzaga Jayme Junior ()
Authors registered in the RePEc Author Service: Frederico G. Jayme Jr ()

Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais

Abstract: The purpose of this paper is to investigate the sustainability of the external debt in Brazil, or, in other words, to analyze if Brazilian economy in consideration of its external debt repayments keeps solvent. Tests show that, for different periods and using different models and variables, external debt and current account deficits are not sustainable in the long run, confirming other studies that tested sustainability of the current account and external debt in Brazil.

Keywords: debt sustainability; Brazil; external debt (search for similar items in EconPapers)
Date: 2001-06
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.cedeplar.ufmg.br/pesquisas/td/TD%20154.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:cdp:texdis:td154

Ordering information: This working paper can be ordered from
Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil

Access Statistics for this paper

More papers in Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil. Contact information at EDIRC.
Series data maintained by Gustavo Britto ().

 
Page updated 2017-09-16
Handle: RePEc:cdp:texdis:td154