Cost of economic fluctuations after the Plano Real

Authors

  • Fernando Antônio de Barros Júnior Escola de Pós-Graduação em Economia da Fundação Getúlio Vargas
  • Valdemar Rodrigues de Pinho Neto Escola de Pós-Graduação em Economia da Fundação Getúlio Vargas

DOI:

https://doi.org/10.11606/1413-8050/ea135252

Keywords:

Economic Fluctuations, Welfare, Time-serie

Abstract

In this paper,we calculated the cost of economic fluctuations in Brazil. Using quarterly data from real per capita consumption between the beginning of Plano Real and the third quarter of 2013,we computed the cost of economic fluctuations enabling different parametric forms for the stochastic process of the consumption series. We estimated a cost of economic fluctuations in Brazil in approximately 6,48% of the per capita consumption using the most suitable specification for consumption stochastic process

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Published

2016-06-01

Issue

Vol. 20 No. 2 (2016)

Section

Papers

How to Cite

Barros Júnior, F. A. de, & Pinho Neto, V. R. de. (2016). Cost of economic fluctuations after the Plano Real. Economia Aplicada, 20(2), 227-244. https://doi.org/10.11606/1413-8050/ea135252