"This paper relaxes some key assumptions in the probabilistic approach to fiscal sustainability. First, the authors identify structural breaks over the sample period used to estimate the covariance matrix of the shocks to the debt ratios. Second, the assumption of normality of the shocks is...

The growing interest of Brazilian companies in the Argentine market has attracted the attention of the both economies on the implications and the reasons behind of this phenomenon. Recent data show a marked increased tendency flow of foreign direct investment (FDI) in Brazil toward the...

This paper analyses the competitiveness evolution in Argentina, Brazil, Paraguay and Uruguay within Mercosur trade flows, on the relative specialization perspective and changes in the distribution of revealed comparative advantage among distinct product categories. For this purpose, it measures...