The objective of this paper is to analyze the impact of changes in fiscal policy and in technological level over the growth economic rate in Brazil, as well as, to identify the optimal level of taxation of the economy empirically, based on the model' version of endogenous growth proposed by...

This paper attempts to analyze corporate tax evasion in a principal-agent framework. We assume that the firm's profit is positively related to managerial effort and that the executive compensation is profit-based. In addition, we consider the situation where the manager might underreport the...

A consensus has not yet emerged about the relationship between the budget deficit, external deficit and national saving. In general, the mechanisms through which a budget deficit could cause a current account deficit are not highlighted in the works about this theme. Basing on the Post Keynesian...

Using panel data, this paper explores the role of infrastructure and human capital in the convergence of income levels and growth in the European Union, during the period 1960-2000. According to the neo-classical theory diminishing returns of capital result in poor economies growing faster than...

Este artigo avalia a sustentabilidade da política fiscal do Rio Grande do Sul a partir de um modelo de correção de equilíbrio com mudanças Markovianas de regime. São estudadas as dinâmicas de curto e de longo prazo da política fiscal do Estado no período compreendido entre 1970 e 2007....

The Financial Crisis has hit particularly hard countries like Ireland or Spain. Procyclical fiscal policy has contributed to a boom-bust cycle that undermined fiscal positions and deepened current account deficits during the boom. We set up an RBC model of a small open economy, following Mendoza...

Usando um modelo de crescimento neoclássico, Prescott (2004) e Ohanian et alii (2008) explicam com sucesso as diferenças de horas trabalhadas entre países da OCDE. Aplicamos este mesmo modelo para o caso brasileiro entre 1988 e 1998. Nossa principal conclusão é que esta metodologia falha em...

A consensus has not yet emerged about the relationship between budget deficit, external deficit and national saving. In general, the mechanisms through which budget deficits could cause current account deficits are not highlighted in the works about this theme. Basing on the Post Keynesian...

The real Brazilian tributary system presents a series of problems and despite everybody knows that a changing is necessary, it was not yet done. A lot of efforts is realized trying to evaluate the impacts of different proposals of tributary system alteration but their results are not persuasive...

Neste artigo são quantificados os impactos de algumas reformas paramétricas no Regime Geral de Previdência Social (RGPS). Nas reformas estudadas foram modificados o tempo de contribuição necessário, a idade de aposentadoria e a duração da transição para o novo regime. Também foram...