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...

The paper analyzes the debate between mettalism and “papelismo” which took place in Brazil in the second half of the 19th century and advocates that the latter was one of the currents that contributed for the genesis of developmentalism. In order to do so, it reviews the monetary...

A literatura recente tem sido pouco conclusiva a respeito dos determinantes do processo de desindustrialização vivenciado pela economia brasileira desde o final da década de 1980. Neste sentido, esse artigo contribui para o debate com uma abordagem econométrica baseada na metodologia...

The aim of this paper is to analyze the effects of adopting an inflation targeting regime, in which central banks set the short-term interest rate as a response to deviations of inflation from its target and of output from its potential, over economic growth. To this end, we build a non-linear...

When we deal with two categorical variables, Ginis index of distributional transvariation is a most usefull tool to measure the distributional difference between them. By means of a modi…ed transvariation, which we call Euclidean transvari- ation, we showed that our measure of transvariation...

O problema dos incentivos nos contratos de microcrédito foi estu- dado por Laffont & N'Guessan (2000) no contexto de seleção adversa. Construímos um modelo Principal-Agente para modelar o microcrédito no contexto de moral hazard. A novidade é que, em nosso modelo, as restrições de...

We propose a new measure of regional mobility: the gradient measure of mobility. Besides the extension, it also captures the overall intensity of migration and is comprised of the marginal impacts of each locality over the population distri- bution. We compare it with standard measures of...