The available estimations about the effect of minimum wage on poverty relies on partial equilibrium analysis. We estimate these effects in Brazil through a general equilibrium framework, dealing with lots of indirect effects of minimum wage. Using a computable general equilibrium model we...

In an international framework favourable to the performance of the Brazilian economy, the increase in the minimum wage and the formalization of labour contracts boosted GDP growth, increasing consumption growth with the incorporation of part of the low-income people to the market. The global...

In this text we address measurement, monitoring and cost issues relating to the eradication of extreme poverty in Brazil. We argue that, for the purpose of ending extreme poverty, income poverty is the relevant concept, and that an administrative extreme poverty line, decided upon politically,...

This study presents the results of an ex-ante assessment of the accessibility and equity impacts of a subway expansion in Fortaleza (Brazil). We analyze how the number of jobs, health facilities, and schools accessible by public transportation is expected to change with the implementation of a...

This research aims to investigate the effect of the National Program for the Strengthening of Family Agriculture (Pronaf) on income from work in rural Northeastern Brazil. For this purpose, data from the 2014 National Household Sample Survey (PNAD) were used and the propensity score matching...

This study analyzed the impacts produced by the rule for purchasing family farming products for the National School Feeding Program (PNAE). It sought to verify the effects that the change in the public food procurement (CPA) mechanism under this program caused on the income and productive...

The study presents a macro-finance model to analyze the impacts of a fiscal policy shock in the Brazilian term structure of interest rate in the period 1999-2010. Fiscal policy explains a higher proportion of the long-term interest rate variance (25% of the five years rate) comparing to the...

This paper aims to show that the fiscal and monetary counter-cyclical actions implemented by Brazilian government after the financial crisis were frugal: the monetary policy was late and slowly slackened and the fiscal policy sustain a primary surplus budget, in the opposite direction of much...