The purpose of this paper is to examine effects of Brazilian "Plano Real" on credit during the initial years of implementation, and the profile of the borrower during this period. After the adoption of the Plano Real, there was an increase in the duration of contracts, from a maximum of 3 months...

This paper analyses the regional convergence of the per capita income in the State of Rio Grande do Sul. A distributional function of the per capita income is estimated for the years of 1985 and 1999. Five income classes are defined. Based on these two functions, a Markov transitional...

This article uses a crisis index based on an average of the variations in currency and financial crises indicators, referred to as "twin crises", adjusting them to the same volatility. Thus, the objective is to measure the degree of vulnerability to twin crises within a group of 19 countries in...

This article presents methodology for the construction of indices of local sustainability, applied to the cities of the Piracicaba River Basin (Minas Gerais). The proposed methodology combines measures of quality of the microregional environmental system; the quality of life in urban areas; the...

This article intends to demonstrate that the law of value can be understood based on three successive versions, through which it becomes progressively more complex. The least complex law is the law of value determined by years worked. The second version is the law of social work distribution...

The purpose of this paper is to replicate the theory developed by Gekker (2001), without using any monotonicity assumption. We however retain a non-triviality assumption implicit in Gekker (2001), which says that there is at least one opportunity set which is preferred to the no-choice...

The paper discusses the nature and role of knowledge in a socio-economic life marked by genuine uncertainty. The starting point is to regard that uncertain environments render knowledge fallible and contingent. Knowledge is fallible for reasons associated both with interactions in space taking...

The geographic concentration of firms has been successful recently in many ways: international competitiveness of these firms, regional income growth, etc. The Italian industrial districts are the case of highest relevance in international literature. In Joinville, there is a significant...

This article seeks to verify the mismatch between labor force educational attainment and occupational requirements by sex, age, region, economic sector, and occupation. Data are from the Brazilian National Household Survey (PNAD) for the years 1981 to 2001. We observe over-qualification in many...

This paper presents a structuralist post-Keynesian analysis of trade adjustment in Brazil. Based on the concept of the balance-of-payments (BoP) constraint on growth, the paper investigates the relationship between income growth and real-exchange-rate devaluation necessary to adjust trade to a...