Showing 1 - 10 of 65
This paper uses the solution of the linear difference model under rational expectation of Blanchard and Kahn (1980) to test the validity of the inflation stickiness and the Rational Expectattion Hypotheses for the Brazilian economy during the period frm 06/95 to 09/02. Using the Fuhrer - Moore...
Persistent link: https://www.econbiz.de/10013116982
Using data for the 27 Brazilian states during the period 1980-2009, we found that the media index in an important determinant of the suicide rates. The econometric results suggest that an increase of 1% in the media index increases the suicide rate for young males (age between 15 and 29 years...
Persistent link: https://www.econbiz.de/10010230149
This study aims to revisit the issue of the sustainability of public indebtedness in Brazil, investigating the evolution of gross debt of public sector, the relationship between its liabilities and assets of the public sector, the future implications of gross debt to net debt and to make...
Persistent link: https://www.econbiz.de/10011483684
This study aims to examine the sustainability of the Brazilian public indebtedness using different approaches. Based on the analysis of the conditioning factors of net debt of the public sector (DLSP) in the period 2002-2014, there seems to be a change in fiscal regime between 2011 and 2014...
Persistent link: https://www.econbiz.de/10011483693
Based on the hypothesis that the rulers of monetary and fiscal policy in Brazil may have been submitted to different regimes, the present study applies Leeper model (1991; 2005) in order to identify the chronology of policy regimes regarding their active and passive character. The policy rules are...
Persistent link: https://www.econbiz.de/10011664333
We provided a simple equilibrium model where both the wage paid by firms and the sexual frequency of their workers are determined in equilibrium. The analysis is carried out within an efficiency wage model where the worker's effort is influenced, in addition to wage, by the willingness to work....
Persistent link: https://www.econbiz.de/10013066645
This article evaluates the effectiveness of the counter-cyclical measures adopted by the Brazilian government to mitigate the effects of the subprime mortgage crisis, by analysing the repercussions of monetary, fiscal and credit policies on several of the main macroeconomic aggregates. The...
Persistent link: https://www.econbiz.de/10013101684
This paper compares cost efficiencies of Brazilian public and private companies of water supply. To measure efficiency a Cobb-Douglas stochastic cost frontier model including technical effects is estimated by maximum likelihood to a panel of Brazilian firms for the period 2002-2004. The...
Persistent link: https://www.econbiz.de/10013159187
This article analyses the main determinants of income per capita based on a sample of 50 countries for the period 2005 to 2009, using multivariate statistics. The results show that institutional indicators (heterodox) have a greater impact on the welfare of the population than the traditional...
Persistent link: https://www.econbiz.de/10013078946
This article investigates the degree of tolerance to higher inflation rates in the short run by the presidents of the Brazilian Central Bank in the period 2001-2012. We used monthly data and various specifications of the Taylor rule were estimated via GMM. In general, the results show the...
Persistent link: https://www.econbiz.de/10013079146