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,...

This paper does some exogeneity tests in the equation proposed by Feldstein-Horioka (1980). The main finding is that domestic saving is super exogenous in the Feldstein-Horioka equation. That is, the Lucas critic does not applies

This paper verifies the uncovered interest parity to Brazilian economy. The main finding is that under fixed exchange rate the uncovered interesty parity fails. This confirms the theoretical point proposed by Krasker (1980)

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,...

This article uses annual data for the Brazilian economy to verify the impact of the federal debt, government spending and government transfers on Brazilian capital stock and domestic savings. This framework can be viewed as a test of the Ricardian Equivalence Theorem. The most important result...

This paper focuses on the consequences of including a financial transaction tax in a model with money in the utility function as proposed by Sidrauski (1967). The main result is that money is not neutral, even in the case of separable utility function

This article suggests an alternative approach, nested in exogeneity tests, to test the Ricardian Equivalence Hypothesis. The intuitive appeal and the sophisticated statistical method are the advantages of this new procedure. Furthermore, it is argued against the use of the value of correlation...

We produced a data set from a survey of a population of convicts in probation. We combined this new data set with an official data set from the Brazilian government to study labor market discrimination faced by ex-convicts. We were interested in estimating two potential effects of...

This paper tries to verify the impact of physical appearance on the salespeople's wage of Brasilia's shopping malls. The fact that we studied a specific occupation can be understood as a progression in this field of literature. The results showed the abscense of wage discrimination related to...