Real exchange rate and external constraint

Real exchange rate and external constraint. This paper investigates a topic of the agenda about growth models, emphasizing the elaboration of an external constrained model with endogenous elasticity, with an emphasis on real exchange rate level as main tool for the economic development. The model is...

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Bibliographic Details
Published in:Revista de economia política 2013-01, Vol.33 (1), p.60-81
Main Authors: Ribeiro Ferrari, Marcos Adolfo, P Freitas, Fabio Neves, Filho, Nelson Barbosa
Format: Article
Language:Portuguese
Subjects:
Economic development
Foreign exchange rates
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Summary:Real exchange rate and external constraint. This paper investigates a topic of the agenda about growth models, emphasizing the elaboration of an external constrained model with endogenous elasticity, with an emphasis on real exchange rate level as main tool for the economic development. The model is anchored in Kaldor, Thirlwall and Barbosa Filho's models and it will demonstrate that external constraint changes in the course of time. Adapted from the source document.
ISSN:0101-3157