This paper discusses the Brazilian financial system and the impact of liquidity preference on regional development in Brazil. In the Post-Keynesian literature, endogenous money is introduced into economic activity through the credit provided by banks. The degree to which banks exhibit lower or...

Several institutional changes in the last 20 years have imposed to the public administrators the adoption of several policies intended to qualify the State for the new economic order. The expenditure control has turned to be central in the political economy. Regarding the Brazilian states, a...

This paper discusses and assesses the features of the Brazilian Financial System, as well as the impacts of Liquidity Preference on Credit and Regional Development in Brazil. Precisely, we test the relationship between credit and development, and the role of banks in regional development. We...

This paper discusses and assesses the features of the Brazilian Financial System, as well as the impacts of Liquidity Preference on Regional Development in Brazil. In the post-Keynesian literature, money is considered endogenous to the economic system, introduced in the economic activity through...

The paper explores the relationship between the income elasticities of demand for exports and for imports, economic growth, the technological content of local production, and the level of development of the National Innovation System (NIS). According to the literature, differences in long-run...

This paper presents growth models based on Kaldor´s inaugural lectures, as well as their most recent extensions. Beyond the display of the evolution of such models, the paper intends to demonstrate that the original kaldorian models have served as a solid foundation over which new formulations...

O objetivo deste trabalho é analisar a interação entre as esferas financeira e produtiva. Foram discutidas as características do Sistema Financeiro Brasileiro e examinada a evolução do financiamento bancário da atividade industrial por região. Buscou-se ainda ressaltar a importância da...

The purpose of this paper is to discuss the importance of knowledge, both tacit and codified, in the formation of the state of long-term expectations that drive firms’ decisions to search for innovation and to investment in R&D. The paper takes the post-Keynesian theory as reference,...