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...

Portuguese Abstract: Este artigo utiliza a teoria institucional para testar hipóteses sobre como os fatores institucionais afetam a decisão das empresas em se organizarem em grupos empresariais, mesmo que essa decisão afete negativamente o valor de mercado dessas empresas ao compararmos com...

Portuguese Abstract: A literatura que estuda o desempenho de grupos empresariais apresenta resultados contraditórios, os quais podem ser creditados às escolhas metodológicas destes estudos (LAHIRI; PURKAYASTHA, 2017). Este estudo propõe uma nova metodologia e avalia o impacto no valor de...

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'....

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...

The main aim of this paper was to analyse the existence of Kuznets hypothesis for the Brazilian Municipalities from 1991 to 2000. The empirical strategy was based on three steps. The first one consists in testing the quantile specification proposed by Racine (2006). The second was to use the...

Several studies have attempted to reveal the relations between growth and income distribution in Brazil. Nevertheless, the theme continues in the light of current theoretical controversies and inequalities still existing. The aim of this study is to examine to what extent changes in the profile...

This essay inquires into the characteristics and historical possibilities of a Developmental State built on democracy, in opposition to the East Asian Developmental State historical model. After a brief introduction, this model and the capitalism development the underdeveloped peoples crave are...

We examine the extent to which education is a main determinant of affluence in Brazil. We focus on workers in the top 1% of the labor earnings distribution. We use university courses data from the Sample Questionnaire of the 2010 Census. Our main conclusion is that while education may be...