This article applies the smooth transition autoregressive nonlinear model (STAR) proposed by Granger and Terasvirta (1993) to the Brazilian real exchange rate (RER), aiming to test the validity of the purchasing power parity (PPP) to Brazil. Initially a review of Brazilian and international...

This paper presents a new and alternative approach within the empirical literature dealing with inequality. It investigates to what extent are the dynamics of income inequality in economies affected by the changes in the components of Total Factor Productivity (TFP). The basic idea is that asset...

The adoption of a set of fiscal and budgetary institutions for a better macroeconomic performance has been gathering support in various governments. This article states that Institutions matters and adopts the New Institutional Economics framework in its approach. After a brief review of the...

According to the literature on foreign direct investment (FDI) spillovers, when a transnational company (TNC) subsidiary is installed in a hots country, it comes with a package of new technologies that can be transferred to domestic companies, helping them to improve their productivity and...

This paper analyses the inverted-U hypothesis between income inequality and economic growth to the cities of northeast of Brazil from 1970 to 1991. To it was used econometric analysis of cross section and panel data to the information from Atlas de Desenvolvimento Humano no Brasil. The results...

Using a panel data for Brazilian states in the period 1984-1998, we estimate the determinants of Brazilian crime rate. The estimates was derived by System Generalized Method of Moments propose by Blundell and Bond (1998). In this way, it was possible to avoid econometric problems, that affect...