This paper aims to derive an optimal monetary policy rule in a context of fiscal disequilibrium and to empirically test whether Brazil presents active or passive fiscal and monetary policies. We analyze the transmission channels of the fiscal and monetary policies through estimation of a Philips...

Purpose – An important question about the determinants of suicide refers to the role of media. In this context, the purpose of this paper is to investigate if there are groups of people who are susceptible to suicide as a result of the effect of media. Design/methodology/approach – Using...

This paper uses Brazilian quarterly data to estimate the impact of taxes over GDP per capita. The econometric results show a negative and statistically significant impact of the overall tax burden over per capita GDP. In average, an increase of 1 percent in the overall tax burden decreases GDP...

This paper evaluates the effect of a change in the quantity of money on relative prices in the U.S. economy based on quarterly time-series for the period of 1959 to 2013. We also estimate the implication of a change in relative prices on the rate of inflation and macroeconomic variables. The...

This paper examines the influence of income distribution and of federal transfers to the Federation Units (FUs) on the flow of migrants received by each of the FU. The study breaks new ground by adopting aggregated data to measure the effects of public policy on immigration. The econometric...

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...

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...

This paper examines how Brazil's government interventions, via economic policy affects the total factor productivity (TFP) and the industrial production growth rate in the period of 1998:4 to 2012:1. The study uses nine indicators of economic policy and the empirical results show that high...

This paper compares the technical efficiency of Brazilian public and private companies in water supply. To measure efficiency a stochastic production frontier model is estimated using two competitive distributions for the inefficiency error component: truncated normal and exponential. The...

Este artigo analisa a evolução da taxa de câmbio brasileira a partir da adoção da âncora cambial no Plano Real. Para tanto, construiu-se um índice de pressão cambial com base na metodologia de Eichengreen et alii (1995, 1996) que detecta não só mudanças nas variações da taxa de...