The paper presents a post-keynesian growth model in which (i) the mark-up rate varies in the long-term due to a misalignment between the actual rate and the 'anticipated' profit rate; and (ii) the capital-output ratio is not necessarily constant, on the contrary, it may shift as a result of the...

The goal of this paper is twofold. First, it seeks to provide some empirical evidence on the importance of a continuous process of educational expansion for equitable and sustainable socioeconomic development. Second, it provides an evaluation of the Brazilian educational performance and seeks...