The study investigates the role of Banco do Nordeste do Brasil (BNB) as a financing agent for regional development policy (PNDR). Initially, it brings a brief discussion on ways of acting public development banks (BD) in the contemporary world. The analytical effort then focuses on identifying...

This study investigates the determinants of the great difference between winning bids and reserve prices in the transmission electricity sector in Brazil between 1999- 2010, through an econometric approach based on Heckman (1979) that considers the heterogeneous among the winner's and loser's...

The return of the developmental State in Brazil raises revealing historical and comparative contrasts. The main contemporary difference is that developmentalism and industrial policy are being defined and pursued in far more open and participatory political contexts than was previously the case...

This paper analyzes the innovative performance of Brazilian industrial companies according to their size. We obtained the data from the Innovation Survey 2011, published by the Brazilian Institute of Geography and Statistics (IBGE). We grouped the companies according to their size: micro and...

The public policies on mass transit and other economic policies have been unable to avoid increasing mass transit costs and urban bus fares, which places a burden on a majority of the population depending on public transit. This study analyzes the variations in urban bus fares and households...

The employer`s payroll contribution for pension system relief has been one of the most important topic on the debate about social security. Some advocates that the traditional source of funds for pension system tends to undergo a process of erosion.And there are critics, who argue that there is...

A common explanation for the poor performance of entrepreneurs in developing economies is their inability to obtain credit to expand their scale of operation. This paper assesses the aggregate impacts of the Cartão BNDES, a credit line targeted at small and medium enterprises (SMEs) in Brazil,...

We estimate the return to technical education in Brazil between 2007 and 2018. A rich administrative record of formal labor market (Relação Anual de Informações Sociais - Rais) allows us to construct a panel of all formal workers in 2007, following them until 2018. Identification of workers...

Among the institutional transformations proposed by the Labor Reform approved in 2017, the proposal of a new type of contract, called "intermittent", stands out. Although this modality does not constitute an innovation, its adoption is undeniable and, more specifically in Brazil, its...