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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...
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According to the main ideas that one may extract from Marx's work on a transition theory, the socialism would be an intermediate stage for a superior system - the communism - made possible only after the complete development of the productive forces, capitalism's 'historical mission'....
Persistent link: https://www.econbiz.de/10004968508
Developing the solidarity in the path to transition: an essay on the socialism theory based on Marx - According to the main ideas that one may extract from Marx?s works on a transition theory, the socialism would be an intermediate stage for a superior system ? the communism ? made possible only...
Persistent link: https://www.econbiz.de/10008467344
Lobbying regulation initiatives have been developed, especially in liberal democracies, based on two main questions. The first refers to the most powerful interest groups' advantages in the political process in comparison to others who do not have the necessary resources to professionalize their...
Persistent link: https://www.econbiz.de/10011372206
Lobbying regulation initiatives have been developed, especially in liberal democracies, based on two main questions. The first refers to the most powerful interest groups' advantages in the political process in comparison to others who do not have the necessary resources to professionalize their...
Persistent link: https://www.econbiz.de/10010528365
O crescimento econômico tem sido uma das grandes questões da sociedade atual. Desde 2008 as grandes potências vêm enfrentando dificuldades para retornar ao ciclo de desenvolvimento pelo qual passavam antes da crise mundial afetando os países emergentes que, por sua vez, devem buscar uma...
Persistent link: https://www.econbiz.de/10011400610
This paper analyzes the dynamic properties of a DSGE model for Brazil, under alternative model parameterizations. First, we carefully review the literature in order to identify admissible ranges for the model's parameters. We then calculate selected impulse response functions (IRF) under various...
Persistent link: https://www.econbiz.de/10010330678
This paper presents the first results of an ongoing project aimed at building and putting into operation a dynamic stochastic general equilibrium (DSGE) model for Brazil. The model is based on Smets and Wouters (2003) and Christiano ET AL.(2005), to which we add features that are typical of...
Persistent link: https://www.econbiz.de/10010330846