Subfacturación de las exportaciones, sobrefacturación de las importaciones y la prima sobre el dólar en el mercado negro

This paper is divided into two parts. The first is a theoretical development of the question of under or over invoicing of exports and imports within the context of a model of choice between risky and secure assets. The second part attempts to ascertain the empirical evidence for the Brazilian econo...

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Bibliographic Details
Main Authors: de Holanda Barbosa, Fernando, Penha Cysne, Rubens, Costa Holanda, Marcos
Format: Online
Language:English
Editor: El Colegio de México, A.C. 1992
Subjects:
Online Access:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/304
Journal:

Estudios Económicos

Description
Summary:This paper is divided into two parts. The first is a theoretical development of the question of under or over invoicing of exports and imports within the context of a model of choice between risky and secure assets. The second part attempts to ascertain the empirical evidence for the Brazilian economy. It is concluded that the hypothesis that the black market dollar premium plays a role in this process cannot be rejected.