The purpose of this paper is to use the literature which evaluates the external sustainability condition to evaluate the original equation of Feldstein and Horioka. We conclude that the saving-investment correlation calculated using cross-sectional data measures the solvency condition instead of...

O objetivo deste estudo é examinar os determinantes do investimento direto externo (IDE) na America Latina, com ênfase ao impacto das variáveis institucionais sobre a decisão de investir das empresas multinacionais (EMN). Com apoio na revisão teórica e metodológica, um modelo de painel de...

The purpose of this text is to consolidate the analysis of social policies that were modified by a legal reform, fostered by the government through the so-called "Medidas Provisórias" no 664 and 665, edited on 30 December 2014. The social policies analyzed in this text are pensions, wage...

It is difficult to exaggerate the macroeconomic and political relevance of the public transfers to the private sector in the Brazilian economy. These transfers have reached 15% of GPD in the last decade. However, there are just a few papers analyzing the evolution of these transfers. Given that,...

This text aims to qualify the debate on the need for fiscal adjustment in Brazil, showing that the trend that takes place - at this conjuncture, as in other past - a low quality setting, based on cutting investments and / or increased tax burden, it is almost inevitable in the face of public...

This paper addresses the relationship between social structure and social values in the Brazilian society in light of survey data from a national sample of 3,772 respondents. In addition to examining traditional variables - such as income and education -, the analysis incorporated information on...

This paper presents a simplified methodology for estimating quarterly figures for both the Brazilian government transfers and net aggregate tax burden in the 1995-2007 years. It also describes the main stylized facts observed in the data in this period, calling attention to the fact that...

In a slow process marked by authoritarian moments, regressive effects, bureaucratic insulation, centralized arrangements and cronyism, since the 1930s Brazil has been building its Welfare State. In the wake of struggles and political clashes for ensuring rights and reviving democracy, the...

This article analyses the evolution and the composition of gross aggregate tax burden and government transfers in Brazil and their relationships with equity and income distribution for the period 1995-2008. Along this period, gross aggregate tax burden grew considerably motivated by the...