The long expansion and the profit squeeze: Output and profit cycles in Brazil (1996–2016)
(2021)
Journal Article
The present paper argues that the recent Brazilian crisis was related to a cyclical profit squeeze that took place between 2009 and 2014, following the long expansion that started in 2003. To do so, the cyclical trajectories of the output and the pro... Read More about The long expansion and the profit squeeze: Output and profit cycles in Brazil (1996–2016).