We built an original database of flow of funds financial accounts in order to assess the final destination of households' financial wealth. Our method based on matrix calculation stepwise makes all financial intermediaries transparent. We reject the usual dichotomy between bankand market-based...

Using a newly-constructed panel data set which includes annual estimates of lending rates for 47 Japanese prefectures, we analyze why interest rates converged over the period 1884-1925. We find evidence that technological innovations and institutional changes played an important role in creating...

The co-movement of output across the sector producing non- durables (that is, non-durable goods and services) and the sector producing durables is well-established in the monetary business-cycle literature. However, standard sticky-price models that incorporate sectoral heterogeneity in price...

This article examines the evolution of sectoral employment in Brazil between 1949 and 2010, using structural decomposition analysis of the input-output model. The data base was selected from the decennial matrices for the 1959/2000 period and from figures referring to 1949 and 2010; these were...

Using Input Output analysis and a special methodology to measure import and export composition the authors make an analysis of the impact of trade liberalization in Mexico. Results seem far away from what was forecasted at the beginning of the 90's. Exports surge were accompanied by similar...

This text presents a re-elaboration of the strategic planning of the mexican economy dynamic multisectorial model. The new version of the model involves a redefinition of three aspects. At the empirical level, the new national input output matrix forms the basis of information (INEGI, 2008). At...

Brazil has more than 23 million rural people with unimproved sanitation, which corresponds to about 75% of rural population. One reflection of this situation is observed in health, where there is an index of mortality caused by diarrhea (the main disease caused by unimproved sanitation) similar...

O PRESENTE TRABALHO TEVE COMO OBJETIVO ANALISAR A IMPORTÂNCIA DO SETOR FLORESTAL NA ECONOMIA BRASILEIRA, TENDO COMO REFERÊNCIA O ANO DE 2005. FOI UTILIZADO O MODELO DE INSUMO-PRODUTO PARA O CÁLCULO DE MULTIPLICADORES SETORIAIS, ÍNDICES DE LIGAÇÕES DE RASMUSSEN-HIRSCHMAN E ÍNDICES PUROS DE...

Since the mid-2000s, Japan's industrial production (IP) has been characterized by increasing volatility. To examine the background to this, we apply the structural factor analysis developed by Foerster, Sarte, and Watson (2011) and decompose variations in Japan's IP into aggregate and sectoral...

The use of trade liberalization to enhance manufacturing productivity has been a commonly applied policy in several developing countries since the 1980s. This paper proposes a new methodology to estimate the inter-industry productivity spillovers that may occur in such reforms. The findings from...