O objetivo deste artigo é estimar as funções de capital humano dos estados brasileiros. As estimativas de uma função contínua, baseadas no modelo teórico apresentado, visam obter as taxas de retornos de cada nível de escolaridade, por sexo e individualizadas por estado. O modelo teórico...

Economic policy transmission between trade partners has been analyzed over different contexts in the literature. Depending on real or nominal frictions, the results indicate possible beggar-thy-neighbor effects for policies, given international trade, and need for coordinating policies. The...

The main objective of this paper is to estimate a Central Bank reaction function that accounts for the effects of directors’ rotation of the Brazilian COPOM (Monetary Policy Committee). The reaction function proposed is assumed to be the mechanism for inflation targeting policy. It accounts...