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Previous issue date: 2013-03-14 / This dissertation present a discussion on exchange rate and monetary policies and their potential asymmetric effects in regional terms for Brazil. The main focus is to examine how regional economies are affected by variations in the level of exchange rates and interest rates, and in particular, something that previous studies do not point: what is the impact of regional variations in the exchange rate? And deepening the study, how long regional economies are affected? What is the intensity and impact of these effects? For this, the dissertation was divided into four chapters, besides the introduction. In chapter two was discussed the theoretical background, with the presentation of analyzes that seek to explain the asymmetric effects of macroeconomic policies on the productive structures and sites on the different regions of a country or region, besides the characterization of regional economies studied. The third chapter presents the methodological strategy, modeling Vector Auto-Regressive (VAR) used in the study and the procedures followed to reach the results. Chapter four presents the results of work in the estimation of the model, the analysis of impulse-response functions and the dynamic effects of monetary and exchange rate shocks on the study variables. Chapter five presents the conclusions of the study that indicates the confirmation that there are asymmetries in the responses of the Brazilian states facing common macroeconomic shocks, since regionally differentiated impacts were found in the sample used, showing that structural features as productive structure and economic relationship between regional economies are of paramount importance to explain the different levels of impacts, with very large differences in the intensity and staging of responses. / Nesta disserta??o, apresenta-se uma discuss?o sobre as pol?ticas cambial e monet?ria e seus potenciais efeitos assim?tricos em termos regionais para o Brasil. O foco principal ? analisar de que modo as economias regionais s?o afetadas pelas varia??es no n?vel de c?mbio e da taxa b?sica de juros, e em especial, algo que os trabalhos anteriores n?o apontam: qual o impacto regional de varia??es na taxa de c?mbio? E aprofundando o estudo, por quanto tempo as economias regionais s?o afetadas? Qual a intensidade e a repercuss?o desses efeitos? Para isso, o trabalho foi dividido em quatro cap?tulos, al?m da introdu??o. No cap?tulo dois, ? discutido o referencial te?rico, com a apresenta??o de an?lises que buscam explicar os efeitos assim?tricos das pol?ticas macroecon?micas sobre as estruturas produtivas locais e sobre as distintas regi?es de um pa?s ou regi?o, al?m da caracteriza??o das economias regionais estudadas. No terceiro cap?tulo, apresenta-se a estrat?gia metodol?gica, a modelagem de Vetores Auto-Regressivos (VAR) utilizada no estudo e os procedimentos tomados para se chegar aos resultados. O cap?tulo quatro apresenta os resultados, com as estima??es do modelo, a an?lise das fun??es impulsoresposta e os efeitos din?micos dos choques cambiais e monet?rios sobre as vari?veis de estudo. O cap?tulo cinco apresenta as conclus?es do trabalho que apontam para a confirma??o de que h? assimetrias nas respostas dos estados brasileiros frente a choques macroecon?micos comuns, j? que foram constatados impactos regionalmente diferenciados na amostra utilizada, mostrando que caracteristicas como estrutura produtiva e inser??o no com?rcio internacional das economias regionais s?o de suma import?ncia para explicar os diferentes n?veis de impactos, com diferen?as bastante acentuadas na intensidade e temporariedade das respostas.
| Identifer | oai:union.ndltd.org:IBICT/oai:tede2.pucrs.br:tede/3948 |
| Date | 14 March 2013 |
| Creators | Braatz, Jac? |
| Contributors | Moraes, Gustavo In?cio de |
| Publisher | Pontif?cia Universidade Cat?lica do Rio Grande do Sul, Programa de P?s-Gradua??o em Economia do Desenvolvimento, PUCRS, BR, Faculdade de Administra?, Contabilidade e Economia |
| Source Sets | IBICT Brazilian ETDs |
| Language | Portuguese |
| Detected Language | English |
| Type | info:eu-repo/semantics/publishedVersion, info:eu-repo/semantics/masterThesis |
| Format | application/pdf |
| Source | reponame:Biblioteca Digital de Teses e Dissertações da PUC_RS, instname:Pontifícia Universidade Católica do Rio Grande do Sul, instacron:PUC_RS |
| Rights | info:eu-repo/semantics/openAccess |
| Relation | -5405171042897922792, 500, 600, 685343171243503703 |
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