This study investigates the pattern of overeducation among Brazilian graduates between 1980 and 2010. Making use of information from the last four population censuses, estimates show that changes in workers' demographic characteristics and shifts in the workers' distribution across fields of...

This study investigates the pattern of overeducation among Brazilian graduates between 1980 and 2010. Making use of information from the last four population censuses, estimates show that changes in workers’ demographic characteristics and shifts in the workers’ distribution across fields of...

The purpose of this paper is to discuss the origins of a critical process in the North American economy before the subprime crisis, namely, the increasing debt of households. It is argued that causes of this indebtedness are alterations in income distribution (an increased concentration of...

The purpose of this paper is to discuss the origins of a critical process in the North American economy before the subprime crisis, namely, the increasing debt of households. It is argued that causes of this indebtedness are alterations in income distribution (an increased concentration of...

It is developed a macrodynamic model in the post-keynesian tradition of political economy of the productive capital accumulation and income distribution to analyze some of the impacts of the (flow of) foreign direct investment and the (stock of) foreign productive capital on capital...

The objective of this article is to make a critical evaluation of the controversies about the Cambridge Equation both in the initial phase - when Pasinetti, Kaldor, Meade, Samuelson and Modigliani got involved - and in the second round that followed the publication of Steedman´s article, which...

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...

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...

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...