This paper investigates the validity of the Fisher effect hypothesis that it is the interest rate that moves to adjust to anticipated changes in the rate of inflation. The analysis is carried out with monthly data for the period 1980-97 for three countries that have a recent history of chronic...

This paper investigates the validity of the Fisher effect hypothesis that it is the interest rate which moves to adjust to the anticipated changes in the rate of inflation. The analysis is carried out with monthly data for the period 1980-97 for three countries with recent histories of chronic...

It is widely known that the capitals market is a major source of permanent financial resources for the economy because of the connection it establishes between agents with savings capacity (investors) and those in need of long term financial resources (finance borrowers). That being so, this...

This paper investigates the validity of the Fisher effect hypothesis that it is the interest rate which moves to adjust to the anticipated changes in the rate of inflation. The analysis is carried out with monthly data for the period 1980-97 for three countries with recent histories of chronic...

The institutional changes in Brazilian port administration were made to change the behavior of demand and in investments infrastructure of the Brazilian ports. The Brazilian acts also improve the relation and intervention of international authorities in the ports operation. As result, in the...

The economic literature postulates that to the extent that an industry is concentrated it will tend to exhibit relatively higher returns on invested capital (Kupfer and Hasenclever, 2002; Tirole, 1988). Martins et al (2004) have shown that the Brazilian interstate passenger transportation (BIPT)...

We first, analyze, and measure how air public policies influenced the technical efficiency of Latin American privatized airports in a context of structural reform still in progress. Second, we study how the COVID-19 pandemic impacted the technical efficiency of the privatized airports in the...