Latin America has recently experienced three cycles of capital inflows, the first two ending in major financial crises. The first took place between 1973 and the 1982 ‘debt-crisis’. The second took place between the 1989 ...

Abstract This paper argues that the design of the international financial system should take into consideration three different problems that the current system faces: financial market instability; basic macroeconomic ...

O presente trabalho analisa a influência do crédito ao setor privado no ciclo de crédito experimentado pela economia brasileira entre 2003 e 2017. A motivação advém das mais recentes contribuições teóricas e empíricas ...

Apresentação do palestrante Eswar S. Prasad - Cornell University no contexto do evento "3rd Global Conference - Business Cycles". Mais informações em: <http://epge.fgv.br/conferencias/business-cycles/pt/index.php>.

Partimos do fato de que, nas últimas décadas, em especial a partir da década de 1980, o capital retoma parte da lucratividade perdida na década anterior. Essa retomada da lucratividade, contudo, se dá sobre características ...

The growing urbanization of the economy and the double concentration (economic and territorial) of the real estate and financial sectors within major metropolises provide the basis of the relation between real estate cycles, ...

Introduction The volatility and contagion characteristic of international financial markets, which dominated emerging economies during the 1990s, have deep historical roots.1 Indeed, from the mid-1970s to the end of the ...