This paper aims to present the Price Equation and its application to the Brazilian economy, with theoretical grounding in neo-Schumpeterian approach to competition, innovation and dynamics, as well as the Generalized Darwinism perspective. A model inspired in Price Equation is used to decompose...

This article aims to explore learning and selection effects of productivity change for three classes of firm’s sizes in Brazilian manufacturing and service sectors from 1996 to 2011. The methodology is based on the Price Equation. Our results support the international evidence about the weak...

Exchange rate pass through (ERPT) has been a major determinant of domestic inflation in Brazil after the adoption of the floating exchange rate regime in 1999. This paper investigates whether there is asymmetry in the magnitude and speed of adjustment of the inflation rate when there is an...