The aim of this work is to investigate the relations between Brazilian decision making process and federalism through political process of Fiscal Responsability Law. There're some political scientists' visions that legislative projects undermining the subnational governments' interests are not...

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...