o objetivo do presente artigo é analisar a relação entre a política fiscal e a política monetária numa economia que opera sob o regime de metas de inflação e com plena-utilização da capacidade produtiva. Para tanto, iremos apresentar um modelo macrodinâmicoKaldoriano no qual o ajuste...

The article analyses the notion of fictitious capital in Marx, and the idea of autonomy of circulation in relation to production. It explores, after this theoretical analysis, the evolution of financialization of the economies as development of fictitious capital and its relation with the...

In this paper we seek to recall the central elements of Arthur Cecil Pigou´s contributions concerning the business cycle analysis. Deserve especial attention in this context his interpretation about the monetary aspects of the cycle and his formulation relative to forced saving theory, subject...

When we deal with two categorical variables, Ginis index of distributional transvariation is a most usefull tool to measure the distributional difference between them. By means of a modi…ed transvariation, which we call Euclidean transvari- ation, we showed that our measure of transvariation...

O problema dos incentivos nos contratos de microcrédito foi estu- dado por Laffont & N'Guessan (2000) no contexto de seleção adversa. Construímos um modelo Principal-Agente para modelar o microcrédito no contexto de moral hazard. A novidade é que, em nosso modelo, as restrições de...

We propose a new measure of regional mobility: the gradient measure of mobility. Besides the extension, it also captures the overall intensity of migration and is comprised of the marginal impacts of each locality over the population distri- bution. We compare it with standard measures of...

In this paper we adapt Penaloza (2005)s …nite-dimensional model of shadow-prices in real-time gross settlement systems to the new Brazilian Payment System. The novelty of our application is a better treatment of securities and their role in the smoothing of the ow of payments during the day.

Este trabalho faz, inicialmente, uma revisão do debate que surgiu após a publicação da Teoria Geral do Emprego, do Juro e da Moeda (TG), de Keynes, no que se refere à natureza da posição de equilíbrio assumida pela economia no longo prazo. Na sequência, são apresentados o modelo de...

Brazilian economy was the most dynamic in terms of growth among developed and developing economies from post-War until 1980, when a severe external constraint interrupted this trend. We propose in this paper a model, based on Kaldor, where capital accumulation, technological gap and long run...

We study the strategic interactions between the …scal authority and the taxpayer regarding tax evasion and auditing. We …t this interaction into a Bayesian game and introduce the concept of behavioral consistency, which helps reducing the number of available strategies and models the stylized...