This paper provides new evidence for the empirical literature that investigates the presence of political cycles in public investments in Brazil. This approach differs from most of the studies for applying the state-space modeling whose greatest benefit is estimating the cyclical component...

This paper provides new evidence for the empirical literature that investigates the presence of political cycles in public investments in Brazil. This approach differs from most of the studies for applying the state-space modeling whose greatest benefit is estimating the cyclical component...

The objective of this text is to present an overview of the trajectory of the infrastructure policies in Brazil in the recent period (2005-2013). In order to do so, it highlights the main efforts and advances towards the resumption of the role of the federal government in the sector, as well as...

This Discussion Paper deals with the institutional and economic aspects of the Brazilian federative state according to the 1988 Constitution. The context of vertical coordination of urban infrastructure investments is then examined. Previous studies have shown that the benefits of economic...

Infrastructure is traditionally considered a necessary condition for a country's economic development. However, despite so many arguments in favor of the importance of infrastructure for productivity, growth and welfare, the empirical literature on the impact of infrastructure is controversial....

This paper presents an exploratory analysis of the institutional arrangement of the Fund of Investment of Guarantee of the Time of Service (FI-FGTS, in Portuguese) with the main objective of assessing the institutional configuration and the operational performance of FI-FGTS. This instrument was...

This Discussion Paper deals with the institutional and economic aspects of the Brazilian federative state according to the 1988 Constitution. The context of vertical coordination of urban infrastructure investments is then examined. Previous studies have shown that the benefits of economic...

Infrastructure is traditionally considered a necessary condition for a country’s economic development. However, despite so many arguments in favor of the importance of infrastructure for productivity, growth and welfare, the empirical literature on the impact of infrastructure is...

This paper presents an exploratory analysis of the institutional arrangement of the Fund of Investment of Guarantee of the Time of Service (FI-FGTS, in Portuguese) with the main objective of assessing the institutional configuration and the operational performance of FI-FGTS. This instrument was...

The objective of this text is to present an overview of the trajectory of the infrastructure policies in Brazil in the recent period (2005-2013). In order to do so, it highlights the main efforts and advances towards the resumption of the role of the federal government in the sector, as well as...