This article investigates the stochastic and dynamic relationship of a group of Brazilian macroeconomic variables (price and industrial production indexes, nominal exchange rate, short and medium-run nominal interest rates) for the period after the Real Plan (1996-2004). We adopt, as has become...

The purpose of this paper is to test if the Brazilian fiscal regime can be classified as non-Ricardian. This question is important since the literature, based on Loyo (1999), argues that the fiscal theory of the price level can provide an explanation for the high inflation observed in Brazil...

Unter Berücksichtigung neuer Informationen zu regionalen Preisniveaus in Deutschland fallen die realen Einkommensunterschiede zwischen West- und Ostdeutschland geringer aus als bisher berechnet. Nach Daten des Sozio-oekonomischen Panel (SOEP) und den vom Bundesamt für Bauwesen und Raumordnung...