This article analyzes the income polarization in Brazil for 1981 and 2003. After we explain the differences between polarization and inequality, we calculate the income polarization for Brazil, based on the work of Esteban, Gradin e Ray (1999). The results indicate that the bipolarization...

This article analyzes the work polarization in Brazil. We can define polarization as the difference between the observed ratio of workless households and the ratio that would prevailed if the work was randomly assigned to people. For example, imagine a simplified world with only two households...

The purpose of this study is to build and estimate a model to assess the determinants of Foreign Direct Investment (FDI) in Latin America and also for a larger group of emerging market countries. Based on a panel data model for seven Latin American Countries over the period of 1984-2001, we...

After strong currency crisis, in January 1999, Brazil implemented flexible exchange rate regime combined with inflation targeting. Some economists believe that emerging markets do not allow the exchange rate to float as much they had announced and therefore they suffer from the fear of floating....

The phenomenon of high and persistent short-term real interest rates in Brazil has stimulated an extensive literature attempting to explain its causes. Among the various contributions on the topic, one that has received considerable attention is the article by Arida, Bacha, and Lara-Resende...