According to available data, real wages in Brazil have been declining since 1980, in terms of wage goods, especially food. The main consequence has been the acceleration of the national income concentration, against the labour share. In order to solve this problem and to increase the real wages,...

This paper aims at assessing the effects of real exchange rate overvaluation over the export composition for developing countries in a time span of 1970-2004. For this intent, it is estimated an exchange rate overvaluation index by using panel cointegration techniques (Dynamic Ordinary Least...