This article has two aims: the first one is to present a formal model of the monetary policy identified generally as "inflation targeting policy", an instrument of intervention of the central bank, through the short run nominal interest rate. The second aim is to discuss and criticize the...

The paper presents a survey of the main theoretical schools approaching the determination of income distribution profiles. Since Adam Smith, classical political economy had its focus on the relations between functional income distribution and the development process, proposing that growth could...