Fixed Capital has a major role in economic growth literature and on the estimation of potential output using a production function - which is essential to design macroeconomic policy. One of the main contributions of this work, differently from the previous works, is to estimate the capital...

Jorge Paulo Lemann, Marcel Telles and Beto Sicupira erected in just over four decades, the greatest empire in the history of Brazilian capitalism and won an unprecedented salience in the global scenario. Over the past five years they bought no less than three well-known American brands globally:...