Neste artigo procurou-se aferir a importância das taxas de juro nominais na determinação do nível de endividamento dos agentes económicos. Começamos por analisar a relação entre a estabilidade monetária e o endividamento. Analisamos as consequências macroeconómicas do endividamento....

O trabalho analisou as inter-relações entre as taxas de juros domésticas (SELIC e SWAP DI-PR_E 360) e outras variáveis que teoricamente as afetam ou são afetadas por elas, como: o índice EMBI+, o câmbio, a inação e a razão DLSP/PIB. Além destas variáveis foram introduzidos na analise...

This study addresses a key challenge: to analyze the current coordination of the Bioceanic Road Corridor initiative to promote infrastructure integration and cooperation between the State of Mato Grosso do Sul, the Paraguayan Chaco, the NOA regions of Argentina and the ports of northern Chile by...

This study addresses a key challenge: to analyze the current coordination of the Bioceanic Road Corridor initiative to promote infrastructure integration and cooperation between the State of Mato Grosso do Sul, the Paraguayan Chaco, the NOA regions of Argentina and the ports of northern Chile by...

This paper estimates residential water demand functions taking into account the block rate pricing schedule usually set by water utilities. The progressive pricing, although preserves the convexity property on the budget set, induces the consumer budget constraints be non-linear, what violates...

The accumulation of human capital plays a crucial role in growth theories and it is incorporated in the growth models in a very simplified way. Therefore it does not take into account the economic development process complexity. They consider that the amount of human capital is an important...

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...

A prática de incentivos fiscais à inovação é comumente adotada por diversos países com objetivo de estimular as formas na realização de atividades tecnológicas, sendo especialmente dirigidos as atividades de Pesquisa e Desenvolvimento (P&D). O uso generalizado desses incentivos culminou...

This paper aims to measure, using a difference-in-differences estimator, the impacts of the privatization of water and sewage services on child mortality in municipalities in the Rio de Janeiro and São Paulo states. We obtain evidence that privatization is associated with a significant decrease...

Micro-credit and micro-finance emerged in the 1970’s in some Asian and Latin American countries as an instrument for fighting poverty and social exclusion. Using 2006-9 portuguese micro-level data, we estimate the failure rate of Portuguese micro-credit projects as 18,4%/year. This failure...