The goal of this paper is to document the main international trends of the global flows of Foreign Direct Investment (FDI) starting from years` middle 1980, identifying the main changes occurred in their profile in terms of volume, mode of entry and geographical and sectorial distribution...

The purpose of this paper is to allow a precise knowledge about the Brazilian public sector fiscal accounts. The article shows the trajectory of the Brazilian fiscal policy since the beginning of the ?above the line? indicators, developed to follow the evolution of revenues and expenditures, in...

The main goal of this paper is to determine which variables have a robust correlationwith the growth rate of per capita Gross Domestic Product (GDP) of Brazilianstates between 1960 and 2000. We have run two tests of robustness suggested bythe literature. The first approach is the Extreme Bounds...

This paper simulates the effects of parametric reforms in the pension system, and the main results are: a) the present value of the implicit debt is equivalent to 1,9 GDPs of the year 2005; b) interruption of real increases in the value of minimum pension benefit from 2011 on would reduce the...

Based on two research reports drawn up for the Economic Commission for LatinAmerica and the Caribbean - ECLAC, in 2003-2004, this study evaluates the maindifficulties faced by micro and small enterprises (MSEs) in the banking credit marketin Brazil. Figures relating to bank loan volumes and...

In this paper we implement and evaluate several forecast econometric vectorial autoregressivemodels for quarterly Industrial GDP. We have built co-integration vectorrestriction for several sets of variables (Industrial GDP, long interest rates, short interestrates, spread, inflation) in order to...

During the period 2000-2003, this paper evaluates and compares the efficacy of Financing Constitutional Fund of the Northeast (FNE), North (FNO) and Center- West (FCO) loans using propensity score estimates of firms that have received loans and of others that have not. In relation to FNE, the...

O objetivo deste estudo é mensurar econometricamente as características de uma políticafiscal que agrade o eleitorado. Analisa-se a probabilidade de reeleição em funçãodas variáveis fiscais nas eleições municipais de 2000 no Brasil. Além dos dados fiscais,consideram-se outras...

This paper describes the public expenditure in culture of the three levels of governmentin the year 2002, analyzing the amount of the cultural expenditures and thepossibilities for the application of the Amendment, article 216 of the FederalConstitution, meaning, PEC 310/04. It also makes some...

O presente trabalho tem por objetivo investigar o sistema de justiça criminal no Brasil, integrado pelos subsistemas policial, de justiça criminal e de execução penal, sob duas perspectivas: o respeito ao Estado de Direito e a eficácia na missão de prevenir a criminalidade. A primeira...