The objective of this study, divided in two parts, is to present the broad lines of the history of coinage, using it as a guideline to briefly retrace the evolution of the History of the World between 600 B.C. and 2000 A.D. The texts and chronologies presented in this paper were initially...

The Exchange Rate is the Most Strategic of the Four Macroeconomic Prices. it Determines not Only Exports and Imports, But Also Real Wages, Consumption and the Savings Rate. Conventional Theory Holds That it is Impossible to Manage It, and That the Only Alternatives are to Fix or to Float It. the...

In this paper, the Local Global Neural Networks model is proposed within the context of time series models. This formulation encompasses some already existing nonlinear models and also admits the Mixture of Experts approach. We place emphasis on the linear expert case and extensively discuss the...

The accumulation of human capital plays a crucial role in growth theories and it is incorporated in the growth models in a very simplified way. Therefore it does not take into account the economic development process complexity. They consider that the amount of human capital is an important...

This paper aims to offer demographic inputs to improve criteria of economic regionalization based on the polarization approach, which takes into account the urban network and its hierarchy. From a methodological perspective of an integrated analysis of economic and demographic factors of...

In the Schumpeterian endogenous growth model, random innovations (technical progress) are the main element that explains economic growth. Empirical analyses suggest there are two variables that explain the introduction of innovations: a randomly variable and a deterministic trend. In this paper...

The aim of this paper is to measure part of the indirect costs of criminality in Belo Horizonte. The indirect costs are measured through the analysis of the impact of criminality in residential rent prices. The methodology used is Hedonic Price Models. This methodology allows us to obtain...

One important question that has been discussed in the literature about regional economics is the relevance of local productive networks (clusters) for the regional development. It is possible to find a huge number of case studies that discuss many aspects of this kind of network: cooperation,...

Ricardian, ECLAC-UN (CEPAL) and Neo-Schumpeterian schools of Economic Thought assume that there are productivity differentials across economies. This paper intends to analyze the power of intertemporal trade neoclassical model to explain the less developed countries' intertemporal balance of...