This study aims to show that during the cycle of credit expansion occurred in the Brazilian economy between 2003 and 2010, public banks had acted with a degree of liquidity preference higher than that of private banks until the international financial crisis. The need to achieve economic and...

Apesar de alguns estudos apresentarem evidências de que a industria perde peso na economia brasileira (em termos de emprego e do valor adicionado), faltam evidências que permitam identificar seus efeitos sobre o desempenho econômico brasileiro. Os estudos sobre a qualidade dos empregos...

In the economic growth and development literature there are two elements that are usually considered to be essential in shaping countries’ economic performance. The first one is that investments on the real sector are a necessary condition to generate productive capacity on industry and other...

In contrast to what both traditional economic theory and the conventional wisdom among most Brazilian macroeconomists would suggest, recent studies point to a low exchange rate elasticity of Brazilian imports. In this study we provide a rationale for this result by revisiting the behavior of...

In contrast to what both traditional economic theory and the conventional wisdom among most Brazilian macroeconomists would suggest, recent studies point to a low exchange rate elasticity of Brazilian imports. In this study we provide a rationale for this result by revisiting the behavior of...

Até que a confiança nos separe : as redes transimperiais e o mercado de crédito do Rio de Janeiro durante a segunda metade do século XVIII /Fábio Pesavento --Práticas creditícias e o cofre dos órfãos na vila de Curitiba (1780-1810) /Tiago Gil --Pequeños acreedores de grandes deudores :...