The objective of this paper is to develop a theoretical model that take into account the role of institutions in the Brazilian States and their impact on the education of the youth and on illiterate people. Here, the institutions mean educational policies, government efficiency, level of...

This paper deals with the potential dilemma between economic growth and environmental quality, known in the literature as Environmental Kuznets Curve. This relationship is not theoretically clear, and the empirical results are contradictory, depending on the type of environmental indicator, and...

In this paper, an interregional computable general equilibrium (CGE) model is used to analyze the long-run regional effects of alternative trade liberalization strategies on Brazil. The model provides a description of the Brazilian inter-regional economic system, divided into two regions - Sao...

The objective of this paper is to show an alternative technique to smooth time series from Monte Carlo Simulations. The technique considers that time series can contain more than one structural break, coming from movements in coefficients of trend or from intercept. The Hodrick-Prescott Filter...

After sixty years, the Breton Woods Agreement continuous to be a reference for the debates concerning institutional organization of the international monetary system. This paper compares some features of the arrangements that have emerged in that context with the recent wave of institutional...

The paper investigates the relationship between economic growth and poverty reduction in Brazil during the period 1980s-1990s. It briefly reviews the literature on 'pro-poor growth', emphasizing the importance of certain qualitative aspects of growth responsible for enhancing human well-being in...

Over the 1990's Brazil experienced a massive trade liberalization and wide variation in the real exchange rate. At the same time, employment growth was small and in manufacturing there was a significant reduction in total manufacturing. The main goal of this article is to idntify the effects of...

The objective of this paper is to analyze the impact of changes in fiscal policy and in technological level over the growth economic rate in Brazil, as well as, to identify the optimal level of taxation of the economy empirically, based on the model' version of endogenous growth proposed by...

This paper has as objective to build a composite economic activity index for the local economy, created as form of measuring the economic activity. We use the factor analysis technique to determinate the components and their weights. This local index is then compared to national ones. As a...

In the last years different alternative methods have been used to evaluate the results of the International Monetary Fund (IMF) stabilization programs. The most popular method is also the one that presents more problem of reliability of the estimates. The most sophisticated methods are the ones...