This work assesses the impact of macroeconomic cycles on poverty composition in the Brazilian economy (1987 – 2005). Specifically, it intends to find answers to three questions: first, who are the demographic groups that are most harmed in the recessive cycles; second, if economic growth in...

This article summarizes the studies about the Phillips curve in the Brazilian economy. Overall, the results are very sensitive to the time period, to the proxies adopted, to the econometric approach, and to the frequency and lags allowed to the variables. These results cast some doubts about the...

One of the main objectives of the Bretton Woods negotiations was to guarantee the firm control over competitive exchange rate devaluations, which had worsened the effects of the economic crisis of the 1930s. The par value exchange rate system was thus created, representing a link between the...