The indexation of wages and bonds in Brazil

Faria, Joao Ricardo and Carneiro, F.G. (1997) The indexation of wages and bonds in Brazil. Applied Economics, 29 (11). pp. 1459-1464. ISSN 0003-6846. (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided)

The full text of this publication is not available from this repository. (Contact us about this Publication)


This paper analyses the dynamic relationship between the degrees of indexation of wages and public bonds in Brazil. A simple model is constructed to show that both degrees of indexation are determined simultaneously. We apply cointegration techniques and estimate error-correction representations to assess the temporal causality between them. Our results provide empirical support for the existence of simultaneity in the degrees of indexation in Brazil in the period 1980-93.

Item Type: Article
Depositing User: T. Nasir
Date Deposited: 22 Oct 2009 13:40
Last Modified: 04 Jul 2014 11:18
Resource URI: (The current URI for this page, for reference purposes)
  • Depositors only (login required):