There have been some studies on the measurement of tax progressivity since the innovative works of Suits (1977) and Kakwani (1977). These measurements essentially rely on the idea of the Lorenz distribution of income and tax burden and the Gini concentration of inequality. Instead of such a...

In this paper I assess empirically the sign of the uncertainty-investment relation in Brazil within a quadratic adjustment cost model. It is shown that these variables are negatively related in the Brazilian economy. The implication is that investment can be enlarged with the adoption of a...