The article investigates the existence of discrimination in the urban and rural labor markets in Brazil. Tests the hypothesis that returns to education are different for black and white workers, male and female, in the urban and rural sectors. The methodology used allows for the decomposition of...

Este artigo estima o estado da política fiscal no Brasil desde 1997, com base na metodologia de previsão condicional (DOAN; LITTERMAN; SIMS, 1984; WAGGONER; ZHA, 1999). Este indicador é medido pela diferença dos valores preditos para o hiato do produto quando condicionado aos valores observados...

Este artigo usa dados trimestrais do período janeiro/1995 a dezembro/2007 para investigar os efeitos de choques fiscais na economia brasileira. Nós seguimos o procedimento de identificação sugerido por Mountford e Uhlig (2005) para verificar o impacto de choques no consumo corrente do...

This paper tests whether factors referring to socio-economic aspects, family heritage, social interaction, habits and customs explain differences among violent and non-violent prisoners. Some of the results of the probit estimation show that economic issues are the main factors that stimulate...

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

Este estudo faz uma ampla revisão da literatura sobre a curva de Phillips no Brasil. De maneira geral, os resultados descritos na literatura nacional se mostraram muito sensíveis ao período analisado, ao conjunto de proxies adotadas, ao instrumental econométrico empregado, bem como à...

This paper admits that people are drug users and analyzes whether drug use affects the modified golden rule in the Ramsey model approach. The results show that in a steady state, this model's capital productivity is smaller than in the Ramsey model. However, the optimal intertemporal allocation...

Previous work has documented inflation effects on Tobin's q in the long run. This paper examines whether the FED's different policies and chairmen tenure have an impact on Tobin's q, after a modified stylized AD-AS model shows that central banks affect q. We do find changing responses of q...

Purpose – The Brazilian municipalities show a huge disparity in income level. The GDP per capita difference between the richest and the poorest municipalities is about 190 times, according to IBGE (2000) database. This paper aims to analyze the impacts of Brazilian municipalities institutional...