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...

Basic sanitation services have been undergoing substantial institutional change since the adoption of the new Brazilian National Sanitation Law, in 2007 (Federal Statute n. 11.445/2007, hereinafter LNSB [Lei Nacional de Saneamento Básico]), both as an industrial chain for the provision of...

This paper tries to contribute to the current discussion on sharing rules of royalties in Brazil from theoretical and empirical reflections about fiscal federalism and from a comparative analysis of the experiences of oil producing countries that, as our example, organize themselves like...

This Discussion Paper deals with the institutional and economic aspects of the Brazilian federative state according to the 1988 Constitution. The context of vertical coordination of urban infrastructure investments is then examined. Previous studies have shown that the benefits of economic...

The current dynamics of sharing competences and financial resources exposes the need to remodel and refine intergovernmental relations through processes of coordination and cooperation in order to minimize asymmetries. It is in this context that public consortia have been standing out in the...

This study simulates the evolution of artificial economies in order to understand the tax relevance of administrative boundaries in the quality of life of its citizens. The modeling involves the construction of a computational algorithm, which includes citizens, bounded into families; firms and...

The executive vetoed two legislative proposals on the creation and emancipation of municipalities in its entirety in 2013 and 2014. In August 2018, another supplementary bill, with six other proposals attached, is under an emergency regime, awaiting a vote in the House plenary. The theme of...

This article analyze the transport management and the urban mobility in Brazilian metropolitan areas. The transportation and mobility are considered as a public service of common interest on metropolitan arrangements. The paper conducts an analysis of some case studies in order to contribute to...

This paper provides new evidence for the empirical literature that investigates the presence of political cycles in fiscal policy and, more precisely, public investments in Brazil. The approach differs from most of the studies for applying the state-space modeling. The greatest benefit is to...

This paper discusses the role of the state governments in the Brazilian federative system in the post-1988 Federal Constitution period, which is much characterized by cooperative and competitive mechanisms between the Union and the states and among the states themselves. The state governments...