This paper aims at presenting a non-linear post-keynesian growth model to evaluate at theoretical and empirical level the relationship between external indebtedness and economic growth in emerging countries. For this intent, it is presented a post-keynesian endogenous growth model in which: i)...

There is consensus in the economic literature that reserve requirement is a tax levied upon financial intermediation. The incidence of the tax, however, is still a controversial issue. In this paper, we test whether the impact of changes in reserve requirements in the stock returns of the...

This paper studies the dynamics of land-use in the Brazilian Amazon using a structural vector autoregressive (SVAR) model. The heterogeneity in the data is controlled by mean of fixed effect panel specification. Meanwhile, spatial autocorrelation is also diagnosed by a statistical methodology...

We study participation and relative earnings in the formal, informal, and self-employed sectors in Bolivia. We estimate quantile earnings equations corrected for self-selectivity to address potential biases in the estimates of relative earnings gaps due to the endogeneity of sector...

We study the strategic interactions between the …scal authority and the taxpayer regarding tax evasion and auditing. We …t this interaction into a Bayesian game and introduce the concept of behavioral consistency, which helps reducing the number of available strategies and models the stylized...

We apply the Thurstone method of unidimensional psychometric scaling to data sampled by CNI/IBOPE in three di¤erent periods before the Brazilian presidential election in 2010 regarding voting intention with respect to the main three candidates. Our results coincide with the overall rank of the...

The purpose of this paper was threefold. First, we presented a flexible analytical framework, based on sound and consistent economic theory and data, in order to assess the likely state/sectoral/income effects of policy changes in Brazil. This is the first fully operational interstate CGE model...

Em um duopólio de Cournot em que o efeito-cruzado da demanda é incerto e as …rmas são diferentemente informadas, um resultado de Chokler et alii (2006) mostra que a …rma melhor informada possui vantagem informacional (tem lucros esperados maiores) no caso de valores privados independentes e...

In this paper we study the behavior of aggregate investment in the Brazilian economy from 1970-1998. There are two periods when investment has a big increment in Brazil. The second half of the 70s, when investment grew faster than before mainly due to the increment of public investment...

We build multidimensional fuzzy versions of the headcount and the Foster-Greer- Thorbecke poverty indexes comprised of ordinal variables. To do that, we de…ne ordinal expectation and ordinal variance for ordinal variables and extend Theils theory of dual variability to ordinal categorical...