The objective of this article is to present the structure and the first computational simulations of a one-sector macrodynamic model that imbed some elements of the post- keynesian theoretical framework. The theoretical elements embed in the model are: i) determination of the level of output by...

The present study uses linear and non-linear diffusion index models to produce one-stepahead forecast of quarterly Brazilian GDP growth rate. Diffusion index models are like dynamic factors models. The non-linear diffusion index models used in this work are not only parsimonious ones, but also...

According to the main ideas that one may extract from Marx's work on a transition theory, the socialism would be an intermediate stage for a superior system - the communism - made possible only after the complete development of the productive forces, capitalism's 'historical mission'....

The aim of this paper is to analyze the innovating effort of the Brazilian industrial firms, which comprises manufacturing and mining activities. Why do Brazilian industrial firms differ strongly in their effort to innovate? Our hypothesis is that these differences in firms' behavior to innovate...

We study the internal slave trade characteristics in Constituição (Piracicaba) in the period 1861-1880, when the province of São Paulo was under the impact of the coffee culture expansion from the Paraíba Valley to the West. Using the registers of the transactions of slaves, we analyze some...

The international financial instability of the 1990 has been analysed in several occasions on Minskyan perspectives. The paper is based on this theoretical approach and intends to demonstrate that the financial fragility hypothesis is very useful to the analysis of the cycle in peripheral...

The main concern of this paper is investigated if the Latin American exports is explain for monopolist competition with increasing returns or oligopoly competition with reciprocal dumping. For this propose we used gravitational equation for Latin-American exports for differentiated and...

Financial markets have become increasingly integrated throughout the world. Does this mean that local financial institutions are becoming irrelevant? We argue that due to the information asymmetries involved in credit concession and banks' role as monitors the answer is no. Motivated by...

One of the most relevant discussions on bank regulation is the dichotomy between liberalization, with higher competition, and financial stability. To investigate this problem, the article examines competitive conditions and risk taking in Brazilian banks, and investigates their...

There is considerable evidence to demonstrate that the regional development in developing countries shows high level of spatial concentration. The aim of this paper is to analyze the Brazilian case to identify if the Brazilian constitutional funds (FNO and FCO) have a positive impact on the...