Brazilian business cycles and growth from 1850 to 2000

We study the cyclical and growth properties of Brazilian per capita output from 1850 to 2000. We find that, contrary to some developed countries, Brazil did not experience large changes in the volatility of per capita output. However, we obtained evidence that the oscillations in economic activity became more persistent after World War II.

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Bibliographic Details
Main Authors: Araújo,Eurilton, Carpena,Luciane, Cunha,Alexandre B.
Format: Digital revista
Language:English
Published: Departamento de Economia 2008
Online Access:http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-41612008000300005
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