This paper presents new econometric specifications for the quarterly behavior of the aggregate consumption of Brazilian households in the 1995-2009 period. It is argued, in particular, that the use of quarterly measures of both private disposable income (in chained 1995 prices) and the credit...

This paper intents to empirically verify whether some of the confidence indexes more popular in Brazil have effectively been useful in recent years to build reliable forecasts on the evolution of key indicators of economic activity, as well as evaluate the impact of the rapid reversion of the...

This paper presents new econometric specifications for the quarterly behavior of the aggregate consumption of Brazilian households in the 1995-2009 period. It is argued, in particular, that the use of quarterly measures of both private disposable income (in chained 1995 prices) and the credit...

This paper intents to empirically verify whether some of the confidence indexes more popular in Brazil have effectively been useful in recent years to build reliable forecasts on the evolution of key indicators of economic activity, as well as evaluate the impact of the rapid reversion of the...

The paper uses the procedure developed first by Campbell (1987) to test, for the Brazilian economy, the proposition that the balance of the current account is negatively related to the present value of the future changes of the GDP net of the investment and consumption of the government. Within...

The aim of this paper is to analyze the effects of economic downturn with the crisis of 2009 on the Brazilian economy, especially on activity sectors and states. To get a consistent picture of these impacts, which takes into account economic macroeconomic indicators and sectoral data (exports...

Neste artigo, introduz-se ao modelo de crescimento neoclássico a defasagem necessária para que o investimento público se consolide em capital público (processo time-to-build), assim como alíquotas tributárias distorcivas que se ajustam de acordo com a dívida acumulada pelo setor público....

The objective of this paper is to develop a theoretical model that take into account the role of institutions in the Brazilian States and their impact on the education of the youth and on illiterate people. Here, the institutions mean educational policies, government efficiency, level of...

Taking as a point of departure the classical model of Schumpeterian competition proposed by Nelson and Winter, this work expands it by including two sectors and a North-South dynamics, with a view to analyzing how institutions and technological regimes affect the processes of convergence and...