This study shows the importance of soybean production in Brazilian economic development. Three blocks of data were studied: i) the soy production chain and added value; ii) regional production and human development indexes; and iii) international trade and food security. The study demystifies...

We study the impact of incomplete consumption risk-sharing on land misallocation in rural economies. We develop a general equilibrium model of land cultivation choices, where heterogeneous agricultural households face idiosyncratic output shocks and insure themselves by participating in a...

This paper highlights a new driver of inequality, that may become increasingly prominent over the years: the inequality between skilled workers graduating from elite universities and those from standard institutions. This paper emphasizes that heterogeneity in higher education is a key factor in...