The Brazilian educational system low quality is considered as an obstacle for its economic growth. One way to overcome such situation is to improve the quality of education which, in turn, depends on the correct identification of the investment priorities on the different levels of education,...

We estimate the returns to education for women and the racial wage differential among women over the wage distribution in Brazil by using quantile regression with semiparametric correction for sample selection. Our estimates show that the returns to education are high and that they are not...

This paper aims at analyzing the relationship between economic growth and financial development on theoretical and empirical grounds. We briefly review the arguments that support the existence or not of a positive and causal relation between these two variables, as well as the arguments that...