Using the tools of Welfare Economics, the study estimates states' weights in the social welfare function of contemporary Brazil. Based on PNAD 2009 microdata, two methods of calculating the weights were applied: the Equally Distributed Equivalent Income (EDEI) and the average marginal utilities...

In a slow process marked by authoritarian moments, regressive effects, bureaucratic insulation, centralized arrangements and cronyism, since the 1930s Brazil has been building its Welfare State. In the wake of struggles and political clashes for ensuring rights and reviving democracy, the...

The present work aims to explore the existing theories about the size of the public sector and test empirically in Brazilian municipalities. The theoretical model assumes that the economy has only two sectors: the public and the private. The latter receives productivity shocks while the former...

This paper aims at contributing to the debate on the socioeconomic (and constitutional) relevance of the changes in the distribution of oil royalties prescribed at the Law 12.734/2012, whose effects are currently suspended by an injunction granted by the Supreme Court. The research shows that...

Brazil is a federation composed by the Federal Government, twenty-six states and the Federal District and 5,570 municipalities. The organization of the national health system is a shared responsibility of this three spheres of government and must comply to the constitutional principles of...

This Discussion Paper describes the changes brought about by the 2019 reform in the federal Public Employees' Retirement System (PERS) and the developments in the states, the Federal District and municipalities. Regarding the states and the Federal District, we analyze the details of the new...

The paper investigates the allocative efficiency of the investment policy of pension funds established within the Welfare and Social Security System of the Brazilian federal entities. For that, it develops a model of strategic asset allocation for a pension fund whose resources fund a...