Investment Screening Mechanisms (ISM) are legal rules created to control and assess the entry of direct investments from foreign jurisdictions. This discussion paper is premised on the observation of a marked increase in the institutionalization and implementation of ISM in recent years,...

In this paper we estimate the welfare cost of lethal violence in Brazil and analyze the impact of regional, educational, and gender heterogeneities. In the adopted approach, which is based on Rosen (1988) and Soares (2006), we calculate the marginal willingness to pay to avoid the risk of...

In this paper, we discuss the methodological procedures and the computation of the value of travel time saving and the value of statistical life in road travels in Brazil. A stated preference experiment was carried out, in which we bring some innovations in order to control for hypothetical...

This paper aims to evaluate how public debt management in Brazil has affected its sustainability in the 1996-2007 period. In 2003 Brazilian public debt management changed the trade off between cost minimization and risk minimization emphasizing the first element. Using a Markov-Switching model...

This paper studies the determination of the surpluses of the Brazilian central government. For quarterly data from 1996 through 2011, the empirical strategy included: i) structural break models and nonlinear estimates on the level of public debt, to handle the inertia after 1999, for high levels...

This text for discussion addresses the implications of the new tax regimes - Union and states - in the financing of public education. It adopts the disaffection of taxation as the northern implications, and concludes that the changes generated a less cooperative, more restrictive in terms of...

This paper analyzes the personnel expenditures in the Brazilian federal civil public service using administrative records from the Executive Branch. There are two contributions which are noteworthy because they may improve the understanding of policy makers regarding the evolution of those...

Over the last decade, the defense industry has consistently obtained relevance on the agenda of public policies of the Brazilian government, among which it is worth highlighting the National Defense Industry Policy (2005), the National Defense Strategy (2008), and the Greater Brazil Plan (2011)....

This paper discusses different ways to obtain military technology, examining: the autonomous development; the cooperative development in international governmental level; the cooperative development in international business; and technology transfer. For that, the article presents the demand for...

This article examines the world military expenditures in the period 1991-2009, based on an exploratory analysis about the institutional and economic factors that affected the defense budgets in the countries with the largest military expenditures in the world. Furthermore, there is a comparative...