The objective of the this study is to present an alternative approach to the current methodology implemented by Aneel for estimating efficiency of the distribution sector of electric energy in Brazil. For this purpose, Bayesian inference is applied in order to estimate a stochastic cost frontier...

Among the aspects related to the quality of electric power supply, continuity stands out, evaluated based on the DEC and FEC indicators that express, respectively, the duration and frequency of supply interruptions. Regarding the continuity of supply, this study aims to present an alternative...

This paper estimates the primary structural budget balance (eliminating the effects due to cyclical fluctuations in GDP and oil price) for the central government and public administrations from 1997 to the second quarter of 2010. Some adjustments were made on the IMF methodology to account for...

This paper aims to contribute to the debate on possible changes in the Brazilian tax system in the light of recent experience of the European Union (EU) and the United Kingdom, with regard to tax rules. International evidence indicates, according to the International Monetary Fund (IMF) Fiscal...

The uncertainties and economic effects after the outbreak of Covid-19 raised major concerns about the business conditions of the Brazilian automotive sector. This study contributes to this debate in course and analyzes the demand and supply of automobiles and light commercial vehicles in the...

This paper provides a survey of the methodologies for estimating the structural budget balance and the fiscal impulse, which highlights the recent international literature spread by European Commission studies (Havik et al., 2014; Carnot e Castro, 2015). From this theoretical background, the paper...

This paper analyzes the unemployment duration in Brazil between 2012 and 2017, comparing two very different points in time. There was substantial disparity in labor market conditions over the period investigated. The period 2012-2013 had low unemployment rates, whereas the unemployment rate...

We investigate both theoretically and empirically the relationship between economic expansion and the degree of formalization of the Brazilian labor market in the recent period. Based on search models, we present a theoretical framework that attempts to explain the recent increase in the share...

Entre o final de janeiro de 1961 e 31 de março de 1964, o Brasil viveu um período de singular turbulência política, assistiu a única experiência parlamentarista da era republicana, teve três presidentes, cinco chefes de governo e seis ministros da Fazenda. A rotação no comando da...