This paper explores the financial development in Brazil. It focuses on the impacts of the development level of a municipality’s financial system over its neighborhood, under the light of the Central Place Theory. Using a GMM estimator for a spatial panel model with an endogenous spatial lag...

Abstract This paper estimates the effects of market potential on regional wage imbalances between Brazilian municipalities. Using data from the 1980, 1991 and 2000 Brazilian Census, which render 3,630 comparable municipality areas, we estimate the NEG's wage equation using a spatial panel data...

Abstract Using a GMM estimator for a spatial panel model with an endogenous spatial lag and spatial moving average errors we investigate the spatial structure of the financial system in Brazil. The results point to a negative spatial association between the Brazilian municipalities' financial...

The introduction of the temporal component into poverty analysis takes us to the study of the poverty dynamic, which focuses on investigating events of entering, remaining in and getting out of deprivation. As an effort to consider the diverse aspects unrelated to income in the study of...