After decades of persistent disparities, inequality in Brazil has fallen steadily over the last fifteen years. This robust rate of decline has surpassed the pace of the Latin American region as a whole, and is taking place as inequality rises in several rapid-growth emerging economies in other...

The persistence of absolute poverty in Brazil is associated with high levels of income inequality. For this article, this association is the departing point for presenting a schematic evolution of poverty in Brazil in the last three decades: a sharp decline in the 70's as income grew at high...

Having as departing point the continuous decrease of poverty indicators in Brazil since 2004, this article examines some aspects related to the expansion of targeted income transfers. It analyses the Family Stipend Program, which unifies the set of different federal transfer programs created...

We construct a dynamic general equilibrium model, calibrated to the Brazilian economy, in which a fraction of the firms set prices one quarter in advance. The artificial economy simulations generate series consistent with real data and with a typical estimation of a structural...