Este estudo faz uma ampla revisão da literatura sobre a curva de Phillips no Brasil. De maneira geral, os resultados descritos na literatura nacional se mostraram muito sensíveis ao período analisado, ao conjunto de proxies adotadas, ao instrumental econométrico empregado, bem como à...

O objetivo central deste estudo é verificar se as políticas de repressão aos homicídios têm efeitos similares em diferentes estados. Esses métodos de repressão ao crime podem ser divididos em: políticas de incapacitação (encarceramento) e políticas de detenção (taxas de...

This paper admits that people are drug users and analyzes whether drug use affects the modified golden rule in the Ramsey model approach. The results show that in a steady state, this model's capital productivity is smaller than in the Ramsey model. However, the optimal intertemporal allocation...

Previous work has documented inflation effects on Tobin's q in the long run. This paper examines whether the FED's different policies and chairmen tenure have an impact on Tobin's q, after a modified stylized AD-AS model shows that central banks affect q. We do find changing responses of q...

Purpose – The Brazilian municipalities show a huge disparity in income level. The GDP per capita difference between the richest and the poorest municipalities is about 190 times, according to IBGE (2000) database. This paper aims to analyze the impacts of Brazilian municipalities institutional...

The uncovered interest parity (UIP) test for Brazil is presented from the standpoint of rational expectations hypothesis. The period is January 1984 to October 1998. The econometric tests validate the UIP just for the sub-period January 1990 to June 1994. The result suggests fail with the UIP in...