In the last 15 years, informality in the Brazilian labor market has been rising steadily, having stabilized in the last two years around 60% of the economically active population. The magnitude of this phenomenon is impressive not only for its intensity but also for its persistence, leading to...

A large number of exchange-rate crises have occurred during the last two decades in emerging market economies. The objective of this paper is, based on the literature review on the relationship between exchange-rate and banking crises, to propose and estimate the determinants of exchange rate...

This article analyses the so-called "new solution" for the problem of transforming values into prices, which is based on the redefinition of the Marxian concepts of money and variable capital as well as on the assumption that the total value added should remain the same through the...