The Travel Cost Method (TCM) estimates recreational use values through the analysis of travel expenditures incurred by consumers to enjoy recreational activities. The multiple destination or multipurpose problems arise when tourists either visit other attractions or have any other purpose in the...

A contribution to the debate on the efficacy of monetary policy and some implications in the case of Brazil. The main opposition between Keynesian and Classic monetary theories is defined by the former’s proposition of money non-neutrality in the long period. According to Keynes, it is not...