This paper offers new estimates of the main macroeconomic aggregates related to the federal public administration accounts; it adopts the methodology of the National Accounts System, but, differently from the IBGE, it measures the expenditure on a cash basis rather than on a accrual basis. The...

Taxes levied by Brazil's 5.563 municipalities are significant components of the country's aggregate gross tax burden. However, official high-frequency aggregate data on these revenues are unavailable as of this moment. This paper develops a methodology for estimating them. Two procedures are...

This paper attempts to discuss quality and some improvements in high frequency time series data of the nominal gross investment expenses for Brazilian municipalities which are state capitals. We first utilized data for the 2001-2008 period available in Relatórios Resumidos de Execução...

To consider legal standards in empirical research designs, the qualitative information of the law needs to be transferred in a numerical variable. The challenge in creating such a variable consists in finding the right balance between high information density and transparency while keeping the...

The paper aims at highlighting the role played by Altiero Spinelli in the circulation of economic ideas between the fascist period and a few years after WWII. We look at the changing sources of his economic culture, from Marxism to some Italian and British federalist liberal Authors and...

The paper demonstrates that policy makers may have a precautionary motive to undertake more labor-market reform--and hence attain lower equilibrium unemployment--inside a monetary union than outside. The reason is a desire to reduce the utility cost of variations in employment when asymmetric...

This paper explores some of the links between macroeconomic policy and industrial strategy. The perspective of the present paper is to emphasize the role of the output and investment activities of enterprises rather than the general focus on the labor market in the determination of economic...

The present paper fills a gap in economic literature by analyzing the relationship between unemployment rates and minimum wage levels in Romania between 1994-2007. The hypothesis tested is that this relationship is nonlinear, with government ideology playing an integral part in determining the...

Setting a renewable energy (RE) target necessitates a comprehensive assessment of its impacts on the energy system and at the macroeconomic level in the European Union (EU). The decision of the EU about the renewable energy target is based on such impact assessments. We postulate that the EU...

It is now well established fact that the present policies need to change to give priority to sustainable development. Various measures of satisfaction with life or happiness in developed countries appear not to have risen in recent years despite developed countries' high per capita incomes. The...