This study aims to revisit the issue of the sustainability of public indebtedness in Brazil, investigating the evolution of gross debt of public sector, the relationship between its liabilities and assets of the public sector, the future implications of gross debt to net debt and to make...

This study aims to examine the sustainability of the Brazilian public indebtedness using different approaches. Based on the analysis of the conditioning factors of net debt of the public sector (DLSP) in the period 2002-2014, there seems to be a change in fiscal regime between 2011 and 2014...

This paper analyzes the production diversity among Brazilian agricultural family farms, using the DAP (declaration of Pronaf entitlement). The diversity is measured with a Simpson index, that goes from zero, for monocultures, to one. Production is considerably diversified in these types of...

This paper presents a critical assessment of income and profit taxation in Brazil. It discuss how tax cuts for capital income during the eighties and nineties, following mainstream policy recommendations, have constrained the redistributive role of the income tax. The analysis is based on...

This Discussion Paper aims to carry out an X-ray of federal public spending between 2001 and 2015 and in addition, a preliminary analysis of the fiscal adjustment in progress, identifying what were the expenditure groups and programs/actions hardest hit. The analytical work is based on a model...

The theme of this text is the construction of state capacities to enable medium and long term investment. The focus was on the relationship between public funds and state financial agents in the formation of institutional arrangements for the financing of economic development, based on a...

This study analyzes the most relevant political and economic factors that conditioned the institutionalization trajectory of the brazilian Public Employment, Labor and Income System (SPETR). For this, the analytical focus was the financing mechanisms of the Fund of Support to the Worker. Based...

There is a belief among Brazilians that the country pays too much tax and that this value does not return to society with the provision of good public services, that the state inefficiency coupled with corruption consumes the generated resources. However, the Brazilian society needs to fully...

Based on the hypothesis that the rulers of monetary and fiscal policy in Brazil may have been submitted to different regimes, the present study applies Leeper model (1991; 2005) in order to identify the chronology of policy regimes regarding their active and passive character. The policy rules are...

This discussion paper intends to complement the analyzes carried out in Gobetti (2015), updating the diagnosis of the development of fiscal balances of the Brazilian public sector from the new series of GDP released by IBGE and statistics "above the line" that incorporate regional level of...