We estimate a VAR model of the Phillips curve with an exchange rate shock to the Brazilian economy. Several different specifications, with different time frequencies, were estimated. Overall the results were robust to these changes, and can be summed up in the following: i) the pass-through to...

The goal of this article is to estimate the New Keynesian Phillips Curve for Brazilian economy. Due to some specifications problems in regressions estimated by IV method, the GMM-HAC methodology was used in order to address them. We noted the robustness of the results performing a detailed...

We estimate the Phillips curve with an exchange rate shock to the Brazilian economy. Besides panel data, we estimate the Phillips curve by time series methodology, including Bayesian techniques and Smoothing Transition Regressions (STR) model. The econometric results show three important...

This paper estimates the Brazilian NAILO (Nonaccelerating Inflation Level of Output), obtains (Bayesian) probability bands for the Nailo and for its growth rate, and investigates the relationship between deviations of output with respect to the Nailo and the acceleration of inflation. As...

The objective of this work is to analyze the impact of fiscal decentralization on the behavior of Brazilian municipal policy makers. This work uses the first three cutoffs of the transfer rules of the Municipal Participation Fund (FPM) and applies a Discontinuous Regression model (RDD) to...

The paper discusses the use of indicators, constructed with data from North American industrial sectors, and their application in the discussion of public policies, especially in competition policy, and to a lesser extent, in foreign trade policy. The premise is that the structure of domestic...

The paper discusses the use of indicators, constructed with data from North American industrial sectors, and their application in the discussion of public policies, especially in competition policy, and to a lesser extent, in foreign trade policy. The premise is that the structure of domestic...

The objective of this work is to analyze the impact of fiscal decentralization on the behavior of Brazilian municipal policy makers. This work uses the first three cutoffs of the transfer rules of the Municipal Participation Fund (FPM) and applies a Discontinuous Regression model (RDD) to...