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We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the …, and robust for different estimators and financial development measures – suggest that inflation presented deleterious … inequality. Therefore, low and stable inflation, and all that it encompasses, is a necessary first step to achieve a deeper and …
Persistent link: https://www.econbiz.de/10010284524
This paper argues that the pass-through in Brazil has fallen compared with estimates in other studies on earlier time … periods, and remains low. Whereas pass-through effects where high and close to 1 in the high-inflation period, they seem to … Industrialization (ISI) period of the 1950s and 1960s. Conventional results suggests that low and stable inflation environments lead to …
Persistent link: https://www.econbiz.de/10010288059
Persistent link: https://www.econbiz.de/10014459439
This work aims to analyze if the trajectory and composition of net and gross, public debt and external liabilities can hinder the growth of Brazilian GDP. The work concludes that fiscal indicators are more comfortable that external indicators. The net public debt is falling and less linked to...
Persistent link: https://www.econbiz.de/10010330718
Brazil from 1995 to 2004. US and Brazilian credit spreads are encompassed in a near-VAR model, including the main debtrelated …
Persistent link: https://www.econbiz.de/10010316729
Persistent link: https://www.econbiz.de/10011934741
The international community has committed itself to adopt a global climate agreement in Paris in 2015, which shall enter into force in 2020 and shall be legally-binding for all. In advance of the negotiations, parties shall submit the so-called Intended Nationally Determined Contributions...
Persistent link: https://www.econbiz.de/10011596392
innovative strategic groups are demonstrated, analyzing the case of the African poor in Benin and the African Diasporas of Brazil …
Persistent link: https://www.econbiz.de/10011331376
The international literature on minimum wage greatly lacks empirical evidence from developing countries. Brazil … large and frequent but the minimum wage has also been used as an anti-inflation policy in addition to its social role. This …
Persistent link: https://www.econbiz.de/10010261832
A national minimum wage cannot explain variation in wages or employment across regions. Identification of the effect of the minimum wage separately from the effect of other variables on wages or employment requires regional variation. Many minimum wage variables with regional variation have been...
Persistent link: https://www.econbiz.de/10010261833