The Fed’s actions before and after the housing bubble burst: discretion and mandate of central banks in an environment of financial deregulation The Fed’s actions during the development and burst of the US real estate bubble highlight a Central Bank’s dilemma when facing a financial...

The analysis of FGTS performance and actuarial position does not recommend the suppression or reduction of its enterprise payroll tax. In addition of running out of an important source of mandatory savings, able to add a 0,9% of GDP contribution to finance housing and infrastructure next years,...