The present paper investigates whether the decentralization of the rural land property tax (ITR) in Brazil increases the aggregate volume of tax collection from this source. We apply a difference-in-differences strategy where treatment is defined as the switch from a federal administration to...

The objective of this study is to evaluate the technical efficiency of Brazilian companies that operate in the international market of animal protein (beef, pork and poultry). The six business groups of interest are JBS – Friboi, BRF – Brasil Foods, Marfrig, Minerva, Minupar and Excelsior....

This paper identifies and evaluates determinative common factors of currency and financial crisis in relation to 86 crises episodes between 1970‑2004, based on factor analysis, cluster and discriminant analysis. One evidenced that the rise of the ratios of domestic credit, fiscal deficit and...

This paper aims to investigate the impact of government debt on economic growth for a balanced panel of G7 countries over the period 1990-2008. We found empirical evidence that Ricardian Equivalence does not holds in general. The analysis indicates that only Germany shows a negative association...

This article sets out to empirically determine whether the ratio between debt and gross domestic product (GDP) affected real and nominal variables such as the demand for money, the nominal interest rate, investment and the output gap, between January 1995 and March 2008. The specific aim is to...

The objective of this paper is to assess the impacts that rent-seeking arising from government intervention in international trade has on welfare. More specifically, the focus is on how the granting of special import regimes promotes rent-seeking practices, which have negative effects on...

This article analyses whether exchange rate pressures and speculative attacks against the Brazilian currency during the period of exchange rate anchorage resulted from imbalances in economic fundamentals. An alternative methodological approach is used to test whether the deterioration of...

This article uses a crisis index based on an average of the variations in currency and financial crises indicators, referred to as "twin crises", adjusting them to the same volatility. Thus, the objective is to measure the degree of vulnerability to twin crises within a group of 19 countries in...