Abstract:Metas de inflação, taxa de câmbio real e crise externa num modelo kaleckiano GaBrieL PorciLe aLexanDre souza ricarDo Viana* Inflation target, real exchange rate and external crisis in a Kaleckian model. Which role should the real exchange rate play in an inflation target regime? In this paper this point is discussed from the point of view of the conditions required for avoiding an external crisis. With this objective, a dynamic Kaleckian model is presented focusing on the stability of the external debt to capi… Show more
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