... monetary policy Information shocks Capital controls Housing prices Emerging economies E52 E58 E61 G28 Since financial markets all over the world have integrated more closely over the last few decades, shocks from developed countries such as the USA, which make up the lion’s share, have...

... © Emerald Publishing Limited 2020 Emerald Publishing Limited Licensed re-use rights only C11 E00 E61 The period after 2003 was marked by a boom in commodity prices, and Brazil was one of the countries that benefited from this cycle. However, the subprime crisis contributed...