Exchange Rate Pass-Through in Brazil

Exchange Rate Pass-Through in Brazil
In the last two years the real has undergone a large depreciation and the central bank has missed its inflation target in 2002 for the second year in a row. Inflation, however, has increased much less than the rate of currency depreciation and the pickup in inflation in the last quarter of 2002 raises the question of whether the exchange rate... READ MORE...

Publication date: July 2003
ISBN 9781451856200
$15.00

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