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  • 标题:A Adesão ao padrão-ouro e seus determinantes cliométricos: o caso do Brasil
  • 本地全文:下载
  • 作者:Cláudio D. Shikida ; Clarice Sollero Lemos ; Ari Francisco Araujo Jr
  • 期刊名称:Revista GEPEC
  • 印刷版ISSN:1679-415X
  • 电子版ISSN:1679-415X
  • 出版年度:2013
  • 卷号:17
  • 期号:2
  • 页码:70-80
  • 语种:Portuguese
  • 出版社:Universitade Estadual de Oeste do Paraná.
  • 摘要:This note investigates the econometrics of the determinants of the adoption, by the Brazilian government, of the Gold Standard. The literature emphasizes the importance of the commodities prices, inflation, the credibility due to the standard, the economic crisis (external shocks) and internal recessions as determinants in the decision of a government to stay (or to adopt) or not in the Gold Standard. The estimated coefficients show the right signs, and the proxies of credibility and inflation seems to be more important in terms of the magnitude of their coefficients. However, we found that the proxy of crisis has the wrong sign. We also discuss the marginal effect of each variable through the years of the sample.
  • 关键词:Cliometria;Padrão Ouro;Brasil
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