The Brazilian municipalities show a huge disparity in income level. The GDP per capita difference between the richest and the poorest municipalities is about 190 times, according to IBGE (2000) database. Institutionalist theory provides a plausible explanation for the gap among municipalities...

This study aims to analyse the demand for credit in Brazilian market for vehicles. Based on the Markov Switching model to dealing with regime change, we estimate a demand function using aggregated monthly data from Oct./2000 to Dec./2012. The results showed that the demand for credit was subject...

This article summarizes the studies about the Phillips curve in the Brazilian economy. Overall, the results are very sensitive to the time period, to the proxies adopted, to the econometric approach, and to the frequency and lags allowed to the variables. These results cast some doubts about the...

This article verifies the different effects of legal repression over homicide rates across Brazilian states. We analyze the impacts of two different kinds of legal repression: incapacitation (rate of individuals serving time in jail in relation to 100,000 inhabitants) and deterrence (rate of...

This paper set up some stylized facts related to migration in Brazil. Two important things should be kept in mind: a) the data came from PNAD 2006; and b) the variable migration is defined as an individual that was born in one state but lives in another one. Changes in the definition of the variable...

This article estimates the stance of fiscal policy using the framework of conditional forecasting to evaluate the stance in Brazil since 1997. This indicator is measured as the deviation of forecast of the output gap conditional to the observed values and steady-state values of the instruments...

This article verifies the occurrence of a real estate bubble in the Brazilian economy. Overall, our results suggest the existence of a bubble in the real estate sector of the economy. The Austrian School of economics provides a solid explanation to this phenomenon, which are reinforced by...

This article verifies the effect of economic variables over the suicide rate between Brazilian states in the period 1981-2006. The econometric results points out the importance of economic variables to explain suicide rate: income, age and poverty have negative impact over suicide, while income...

Using data for the 27 Brazilian states during the period 1980-2009, we found that the media index in an important determinant of the suicide rates. The econometric results suggest that an increase of 1% in the media index increases the suicide rate for young males (age between 15 and 29 years...