Although it is a little known fact the Convention no 158 of International Labor Organization (ILO) which prohibits the dismissal of an employee without cause ruled in Brazil from 10 April to 20 November 1996 and thereby providing an excellent opportunity to evaluate the effect of regulation on...

In this article we estimate the relationship between inflation and trade openness [e.g., Romer (1993)] using modern panel data techniques. The advantage here is that we are able to explicit test the hypothesis proposed by Terra (1998) that the negative relationship between openness and inflation...

Based on the relation between investment and domestic saving proposed by Feldstein and Horioka (1980) to verify capital mobility, this study performs some exogeneity tests in order to determine the capacity of the FH equation of supporting and implementing economic policies in Brazil. We then...

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...

This article verifies the effect of economic variables over the suicide rate between Brazilian states in the period 1981-2006. The econometric results points out the importance of economic variables to explain suicide rate: income, age and poverty have negative impact over suicide, while income...

This article estimates the stance of fiscal policy using the framework of conditional forecasting to evaluate the stance in Brazil since 1997. This indicator is measured as the deviation of forecast of the output gap conditional to the observed values and steady-state values of the instruments...

This article investigates the effects of monetary policy shock in the Brazilian real state market using structural VAR through the period June/2000 to August/2010. The identification is done following the agnostic procedure suggested by Uhlig (2005). The mains results are: The stock of credit to...

The main objective of this article is to verify the impact of both the incarceration rate and the number of police officers over the homicide rates. Overall, our results suggest that the increase in both the incarceration rate and the number of police officers are important do deter homicides....