It is developed a macrodynamic model in the post-keynesian tradition of political economy of the productive capital accumulation and income distribution to analyze some of the impacts of the (flow of) foreign direct investment and the (stock of) foreign productive capital on capital...

The purpose of this paper is to discuss the origins of a critical process in the North American economy before the subprime crisis, namely, the increasing debt of households. It is argued that causes of this indebtedness are alterations in income distribution (an increased concentration of...

The purpose of this paper is to discuss the origins of a critical process in the North American economy before the subprime crisis, namely, the increasing debt of households. It is argued that causes of this indebtedness are alterations in income distribution (an increased concentration of...

The objective of this article is to make a critical evaluation of the controversies about the Cambridge Equation both in the initial phase - when Pasinetti, Kaldor, Meade, Samuelson and Modigliani got involved - and in the second round that followed the publication of Steedman´s article, which...

It is difficult to exaggerate the macroeconomic and political relevance of the public transfers to the private sector in the Brazilian economy. These transfers have reached 15% of GPD in the last decade. However, there are just a few papers analyzing the evolution of these transfers. Given that,...

The aim of this paper is to build the so-called RAWS/RAW method to estimate an annual series of Input-Output Tables (IOTs) in 2000 reference of Brazilian national accounts. The RAWS/RAW differs from other procedures applied to Brazil in that it is based on algorithms that optimize the use of...

This paper develops the RAWS algorithm to estimate auxiliary tables of indirect taxes and margins related to the Brazilian input-output tables (IOTs) for 2000 and 2005. We derive RAWS by an information loss minimization problem, which explores the data structure from both the IOTs and supply and...

In this paper we discuss the evolution of labor productivity in the formal, informal and other households units sectors disaggregated by economic activity. Based on a modified shift-share that deals with the loss of additivity problem, we found that aggregate productivity grew 7% between 2001...

This paper presents a simplified methodology for estimating quarterly figures for both the Brazilian government transfers and net aggregate tax burden in the 1995-2007 years. It also describes the main stylized facts observed in the data in this period, calling attention to the fact that...