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It is widely recognized the important role played by human capital, knowledge and innovation for the establishment of the basic conditions for permanent economic growth. On particular aspect of this general issue interests us in particular; the level of economic literacy among young students who...
Persistent link: https://www.econbiz.de/10005398694
The aim of this paper is to address the sources of technical and allocative inefficiency from a cross section sample of 308 beneficiaries of a market assisted land reform program, called “Cédula da Terra†from five states in Northeastern region of Brazil. In spite of some differences...
Persistent link: https://www.econbiz.de/10011142914
This paper evaluates the optimal bail-out and bail-in mix in the case of bankruptcy of Banco Espírito Santo (BES), SA, the second largest Portuguese private bank. The solution after the crisis of the BES, was to partition the bank into a good bank (Novo Banco (New Bank)) and keep the toxic...
Persistent link: https://www.econbiz.de/10010892268
This article aims at a new approach for a known fundamental result: barter or trade increases economic value. It successfully bridges the gap between the theory of value and the exchange process attached to the transition from endowments to the equilibrium in the core and contract curve. First,...
Persistent link: https://www.econbiz.de/10011063631
We define in section 1 our notion of land reform, on section 2, the most important social and political movements of land reform in Latin America are presented. On section 3 we use a theoretical model in the context of economic growth with human capital learning-by-doing to evaluate land...
Persistent link: https://www.econbiz.de/10005008057
We show the Portuguese transition to the euro, in the framework of political economics, by constructing a bivariate confidence index, based upon Rocha de Sousa (1998, 1999a,b, 2001). Besides we try to understand if the euro functioned as an instrument of politico-economic integration. The...
Persistent link: https://www.econbiz.de/10008489652
In section 1 we refer to a historical synopsis, section 2 classifies the different land reforms using KAWAGOE (1999) typology. Afterwards we link the concepts of human capital and land reform within the theory of economic growth. In section 3 a simplified formal dynamic model of land reform...
Persistent link: https://www.econbiz.de/10005232605
We justify why a single seat from European members in international fora might be preferable than a multitude of seats. Leech and Leech (2005), Eichengreen (2008) proposed this reform at the IMF. Why? Even though nowadays European Union has an aggregate voting power that is higher than its?...
Persistent link: https://www.econbiz.de/10008620286
We present an economic growth model with human capital, based upon Arrow (1962), in which we assess the impact of political leadership change either in governments or political parties. The change of leadership might be seen as a change in embedded human capital, and thus we might evaluate the...
Persistent link: https://www.econbiz.de/10008764161
With this paper we present a preliminary version of the first and the third quadrants of the input-output matrix for Alentejo, a Portuguese region through the regionalization of the input-output national table, for the year 2008. As it is well known the input-output (IO) model is particularly...
Persistent link: https://www.econbiz.de/10010902523