The aim of this paper is to empirically investigate the impact of human capital on economic growth according to Nelson-Phelps (1966), Lucas (1988) and Romer (1986;1990) approachs. The Lucas approach and shared by neo-classical growth theory, assumes that growth is driven by the accumulation of human...

This study explores the productivity performance of the Brazilian economy between 1970 and 1998. We assess how much of the TFP downfall can be explained by some departures from the standard procedure. We incorporate to the standard measure utilization of capacity, changes in the workweek of...

This paper analyzes the Brazilian growth pattern during the post-liberalization period, emphasizing the structural links between finance and productive capital accumulation. The results indicate a finance-led growth regime in the period 2004-2008, under a very specific financialization process....

This article discusses which may be the trajectory of the Brazilian economy over the 2020s, particularly in the transition from the current period when there is idle capacity in the economy to a period when the growth of supply capacity may again be crucial for growth. From the context created...