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The objective of this article is to make a critical evaluation of the controversies about the Cambridge Equation both in the initial phase - when Pasinetti, Kaldor, Meade, Samuelson and Modigliani got involved - and in the second round that followed the publication of Steedman´s article, which...
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-neutral in the long-run. In this setting we argue that a monetary policy that induces growth must seek to minimize the volatility …
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Muito se discute sobre qual seria a melhor maneira de se promover o crescimento autosustentado das economias capitalistas, de como ficar menos suscetível a choques exógenos, bem como analisar os determinantes do crescimento econômico. Dentro deste contexto, este trabalho tem como principal...
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This paper analyzes the performance and the specialization pattern of Brazil's exports compared to a selected group in emerging countries - China, South Korea, India, Mexico and Russia - in 1996-2007, based on the sophistication level of exported goods according to the methodology of Hausmann,...
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This paper describes the process of trade liberalization in the telecommunications industry implemented from the mid-1990s and examines how such a measure, which allowed foreign capital an important role in the control of operators, associated with the privatization program affected the...
Persistent link: https://www.econbiz.de/10010331101
This paper argues that the Brazilian economy went recently through a process of accelerated growth driven by exports and fixed capital formation. Although the pace of growth was more robust than in the 1990 decade, we can still see the presence of macroeconomic constraints to its continuation in...
Persistent link: https://www.econbiz.de/10003909680