Milk is one of the few agricultural products in which Brazil is not competitive. The domestic market is served by domestic production and imports from Argentina and Uruguay. The Mercosur-European Union bi-regional Association Agreement predict the elimination of tariffs and the harmonization of...

Traceability requirements aim to protect consumer health, prevent the spread of adulterated or dangerous products, and facilitate the identification of goods during recalls. This paper aims to provide the impact of traceability related non-tariff measures (NTMs) on trade between 53 exporting and...

Traceability requirements aim to protect consumer health, prevent the spread of adulterated or dangerous products, and facilitate the identification of goods during recalls. This paper aims to provide the impact of traceability related non-tariff measures (NTMs) on trade between 53 exporting and...

Milk is one of the few agricultural products in which Brazil is not competitive. The domestic market is served by domestic production and imports from Argentina and Uruguay. The Mercosur-European Union bi-regional Association Agreement predict the elimination of tariffs and the harmonization of...

In this paper we investigate the real effects of fiscal policy in Brazil during the 1995-2008 period by estimating a VAR model that explicitly takes into consideration the role of public debt in the determination of fiscal variables, as recommended by Favero and Giavazzi (2007). According to our...

This study explains the intensity of redistributive policies of Latin American leftist governments during the so-called "left turn" in the region. Based on theoretical models that analyze the implications of inequality in democracies with different economic and institutional structures, it...

The vector autoregressive and structural vector autoregressive (VAR/SVAR) models are the cornerstone of the contemporaneous empirical macroeconomic research, in particular for measuring the impact of fiscal policy shocks. They may be employed as atheoretical models, as well as a mean to support...

So far, there are very few papers concerning the problems of non causality and non-fundamentalness in fiscal studies. This is even truer for Brazil. Non causality and non fundamentalness are econometric problems that are specially relevant in fiscal studies, as they are relate to fiscal...

In this paper we investigate the real effects of fiscal policy in Brazil during the 1995-2008 period by estimating a VAR model that explicitly takes into consideration the role of public debt in the determination of fiscal variables, as recommended by Favero and Giavazzi (2007). According to our...

So far, there are very few papers concerning the problems of non causality and non-fundamentalness in fiscal studies. This is even truer for Brazil. Non causality and non fundamentalness are econometric problems that are specially relevant in fiscal studies, as they are relate to fiscal...