Showing 1 - 10 of 363
This paper set up some stylized facts related to migration in Brazil. Two important things should be kept in mind: a) the data came from PNAD 2006; and b) the variable migration is defined as an individual that was born in one state but lives in another one. Changes in the definition of the variable...
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This article summarizes the studies about the Phillips curve in the Brazilian economy. Overall, the results are very sensitive to the time period, to the proxies adopted, to the econometric approach, and to the frequency and lags allowed to the variables. These results cast some doubts about the...
Persistent link: https://www.econbiz.de/10010405199
This article verifies the impact of both federal transfers to states and income inequality over imigration. The innovation here is the use of aggregate data to verify the impact of public policy over migration. The econometric results suggest a positive effect of federal transfers to states over...
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This paper shows that the Feldsteins & Horioka (1980) test does not measure capital mobility, but just the variability between domestic and external savings. Furthermore, it concludes that the Coakley, Kulasi & Smith (1996) test for current account solvency, is a necessary, but not sufficient,...
Persistent link: https://www.econbiz.de/10014162217
This paper shows that the Feldsteins & Horioka (1980) test does not measure capital mobility, but just the variability between domestic and external savings. Furthermore, it concludes that the Coakley, Kulasi & Smith (1996) test for current account solvency, is a necessary, but not sufficient,...
Persistent link: https://www.econbiz.de/10014162861
This article corroborate the evidence that the Feldstein-Horioka test do not reflect capital mobility in the real side of economics, but just the variability between external and domestic saving.
Persistent link: https://www.econbiz.de/10005556507