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This paper consists of a review of the most important contributions to the understanding of the Optimum Currency Areas (OMA) and on the perspective of implementing such a policy measure into Mercosur. The theoretical support was obtained from reference studies on the European common currency...
Persistent link: https://www.econbiz.de/10009326626
This paper is makes an analysis of the process of convergence of income between the municipalities of the Minas Gerais (Brazil) in the period of 1980 to 2005, trying to identify the existence of clubs of convergence using a model threshold. Results indicated for the formation of four clubs of...
Persistent link: https://www.econbiz.de/10009326632
The aim of this paper is to check if there is a relation between the wheat prices of the Argentinian and the International market, if these markets are integrated in space. For that, it was used as time reference the period from January, 1994 to April, 2009. Unit root tests, Granger causality,...
Persistent link: https://www.econbiz.de/10009326636
As economists increasingly recognize the limits of the canonical self-interest assumption, the lack of a theory of human valuation that clearly specifies what determines an individual’s utility judgments renders the prediction of behavior in social dilemmas virtually impossible.  In this...
Persistent link: https://www.econbiz.de/10009326633
The objective of this article is to weave hermeneutic considerations and philosophies concerning ethics, economy and climate, with a specific focus on the relationship between Kant's categorical imperative and the question of improved sustainability. The economic perspective of Georgescu-Roegen...
Persistent link: https://www.econbiz.de/10009326630
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Este artigo teve como objetivo verificar se existiu convergência da renda per capita entre os municípios de Minas Gerais, no período de 1985 a 2005, considerando o enfoque de clubes de convergência. Os clubes foram identificados endogenamente, por meio de um modelo de efeito limiar...
Persistent link: https://www.econbiz.de/10010555845
Persistent link: https://www.econbiz.de/10009944970