O artigo analisa a evolução do salário mínimo (SM) no Brasil depois da estabilização do Plano Real. Mostra-se que entre 1994 e 2007, a variável teve um aumento real acumulado de mais de 100%. Com isso, seu valor avançou na escala de rendimentos, estimando-se que em 2007 tenha alcançado...

The article suggests a calendar of partial reforms of Brazilian Social Security, considering as a premise that in 2009 a ?window of opportunity" will be open up, creating the political conditions for cooperation between the government and the opposition. This would allow the country to recreate...

This paper analyses the prospective of the evolution of the public debt/Gross Domestic Product (GDP) ratio along the next four administrations, within a context of GDP growth rate of 4% to 5% and declining interest rates. It is shown that the reduction of public indebtedness, which began in the...

The goal of this paper is to quantify, using a growth regression methodology with panel data, the importance of possible determinants of the Brazilian economic "miracle" of 1968-1973. In particular, we verify to what extent the "miracle" was due to the favourable external environment, to the...

The purpose of this paper is to allow a precise knowledge about the Brazilian public sector fiscal accounts. The article shows the trajectory of the Brazilian fiscal policy since the beginning of the ?above the line? indicators, developed to follow the evolution of revenues and expenditures, in...

This paper simulates the effects of parametric reforms in the pension system, and the main results are: a) the present value of the implicit debt is equivalent to 1,9 GDPs of the year 2005; b) interruption of real increases in the value of minimum pension benefit from 2011 on would reduce the...

In June 2006 the National Monetary Council is going to define the inflation targetto 2008. That is why it is important to try to preview what the inflation behaviorcould be in 2006 and 2007. The results suggest that it will not be easy to accomplishstrictly the inflation target (4.5%) in 2007...