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Ciclo de Negócios no Brasil Durante o Século XX – Uma Comparação com a Evidência Internacional

Author

Listed:
  • Roberto Ellery-Jr.

    (UnB)

  • Victor Gomes

    (FUCAPE)

Abstract

One question associated with the business cycle agenda of research is to evaluate if the business cycle of different countries may present similar features despite the differences in institutions, industrial structures, public policies and growth rates that those countries may have. Backus and Kehoe (1992) presented a set of international evidence on the historical properties of business cycle, they found a great deal of regularity in the cyclical behavior of quantities across countries and periods, however patterns of price-level fluctuation have change markedly over time. Backus and Kehoe (1992) used a data set covering only developed countries, since they claim that data for underdeveloped countries may not be available or, in case it is, may not be sufficiently accurate for the study of short-term fluctuations. In this paper we are going to provide a historical data set for the Brazilian economy, the construction of the data set will be explained so that the possible problems with the accuracy of the series may be dealt in a proper matter

Suggested Citation

  • Roberto Ellery-Jr. & Victor Gomes, 2005. "Ciclo de Negócios no Brasil Durante o Século XX – Uma Comparação com a Evidência Internacional," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 6(1), pages 45-66.
    • Handle: RePEc:anp:econom:v:6:y:2005:i:1:p:45-66
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    Cited by:

    1. Valls Pereira, Pedro L. & Vieira, Heleno Piazentini, 2013. "A Study of the Brazilian business cycles (1900 – 2012)," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 33(2), November.

    More about this item

    Keywords

    Ciclo de Negócios; Século XX; Brasil;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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