This paper has two objectives. Initially, seeks to review the main theses contained in the Brazilian economic literature on the role of the Brazilian Development Bank (BNDES) and its historical role in financing Brazilian economic development. The second objective is to analyze the perspective...

This paper has two objectives. Initially, seeks to review the main theses contained in the Brazilian economic literature on the role of the Brazilian Development Bank (BNDES) and its historical role in financing Brazilian economic development. The second objective is to analyze the perspective...

A partir da concepção mais ampla de moeda discutida por Stiglitz e Weiss (1981) e de Meza (1987), desenvolvendo os aspectos microeconômicos do problema de racionamento de crédito e levando em consideração as reformas estruturais no Sistema de Pagamentos Brasileiro (SPB), bem como formas de...

Portuguese Abstract: Este estudo avalia o comportamento de carteiras formadas por ativos do mercado acionário brasileiro ordenados em função de sua volatilidade para investigar a anomalia de baixa volatilidade.Entre janeiro de 2003 e junho 2017, o portfólio de baixa volatilidade apresentou...

This paper studies the factors that determine the financial literacy level of the Portuguese individual investors and explores the relation between financial literacy and financial behavior, particularly portfolio diversification. Our results suggest that the average financial literacy level of...

This article investigates the socioeconomic impacts of unemployment on different groups of individuals, and specially addresses the family circulation of goods and services during the job search. For this, it examines the vocabularies of 245 workers in semi-structured interviews carried out by...

This text is part of the project Radiografia do Brasil Contemporâneo, developed by the Ipea between 2015 and 2016. Particularly, by a qualitative approach, the research analyzes the trajectories of individuals living in the city of Salvador, capital of Bahia, noting the experiences of family...

This text is part of the project Radiografia do Brasil Contemporâneo, developed by the Ipea between 2015 and 2016. Particularly, by a qualitative approach, the research analyzes the trajectories of individuals living in the city of Salvador, capital of Bahia, noting the experiences of family...

This article investigates the socioeconomic impacts of unemployment on different groups of individuals, and specially addresses the family circulation of goods and services during the job search. For this, it examines the vocabularies of 245 workers in semi-structured interviews carried out by...

The study analyses the role of institutional characteristics of a country (governance) and the domestic financial system (depth, efficiency, stability, and capital openness) in determinants of emerging market corporate bond spreads issued in international market. We propose an econometric panel...