In the last decade of the century XX, the main integration enterprises with that Brazil was involved was the Market Common of the South (MERCOSUL) and the negotiations around the formation of the Area of free trade of America (FTTA). The regional integration with the commercial liberalization...

The secular rise in female labor force participation, highlighted in the recent macroeconomics literature on growth and structural change, has been associated with the declining price and wider availability of home appliances. This paper uses a new and unique country dataset on the price of home...

This paper calculates the optimal monetary policy rule for Brazilian economy, assuming that monetary authority adopts a flexible inflation targeting regime in which, besides the inflation target, there is also a target for public debt/GDP ratio. According to the open economy proposed model, risk...

In the last years different alternative methods have been used to evaluate the results of the International Monetary Fund (IMF) stabilization programs. The most popular method is also the one that presents more problem of reliability of the estimates. The most sophisticated methods are the ones...

This article analyse the average complete duration of unemployment of the Metropolitan Areas of Salvador (RMS) using Employment and Unemployment Research (PED) data. For in such a way, a new methodology is used, that allows from cross section data, to estimate this duration based on unemployment...

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...

The debate on the strategy of banking spread reduction in Brazil has been extended for a long time and was fundamentally concentrated in macroeconomics aspects. This paper has the goal of evaluate the new policy of banking spread reduction implemented by the federal government, which has added...