The paper presents a post-keynesian growth model in which (i) the mark-up rate varies in the long-term due to a misalignment between the actual rate and the 'anticipated' profit rate; and (ii) the capital-output ratio is not necessarily constant, on the contrary, it may shift as a result of the...

This paper tries to quantify some macroeconomic consequences of the Brazilian oil sector investments. The main conclusion is the following: these investments incentivize other investments in the supply chain of the oil sector.

This paper tries to quantify some macroeconomic consequences of the Brazilian oil sector investments. The main conclusion is the following: these investments incentivize other investments in the supply chain of the oil sector.