After a long period of economic divergence before 1914, the Portuguese economy recovered slightly until 1950, entering thereafter on a path of strong economic convergence. This paper focuses on Portuguese economic growth in the period 1950-1973 in order to show how institutional decisions...

Fixed Capital has a major role in economic growth literature and on the estimation of potential output using a production function - which is essential to design macroeconomic policy. One of the main contributions of this work, differently from the previous works, is to estimate the capital...

Fixed Capital has a major role in economic growth literature and on the estimation of potential output using a production function - which is essential to design macroeconomic policy. One of the main contributions of this work, differently from the previous works, is to estimate the capital...

This paper discusses central banking and the operation of monetary policy from a post-Keynesian perspective. It examines some current propositions concerning the conduct of monetary policy - such as inflation targets, contingent rules, and central bank independence - under the assumption that...

This study analyzes the specialization of a group of countries (Argentina, Bolivia, Brazil, Colombia, Ecuador, United States, Guatemala, Mexico, Peru and Uruguay) in international trade from 2000 to 2021. For the comparison, it was calculated indicators of revealed comparative advantage (VCR),...

This study will focus on export tariff policies in the context of agricultural commodities. The main objective is to carry out a diagnosis of the use of export tariffs in Latin American countries, with particular emphasis on the Argentine experience. This type of policy is normally used with the...

This study analyzes the specialization of a group of countries (Argentina, Bolivia, Brazil, Colombia, Ecuador, United States, Guatemala, Mexico, Peru and Uruguay) in international trade from 2000 to 2021. For the comparison, it was calculated indicators of revealed comparative advantage (VCR),...