This study attempts to investigate the relations among financial system and the rates of saving and investment through an econometric analysis in Brazilian economy. For the period 1947-2004, we examine if those relations were characterized by different regimes related to changes in the financial...

This paper analyse the determinants of investment in Brazil in an environment of globalisation. To achieve a proper identification the economy is divided in three sectors: public, domestic private and international private. Since the growth of volatility is one of the main results of the...

Este articulo analiza los principales factores determinantes de la inversion privada en Brasil durante el periodo 1956-1996, a traves de un modelo empirico utilizado en los estudios mas recientes sobre paises en desarrollo. Los resultados muestran, tanto en las ecuaciones de largo plazo como en...

El presente articulo analiza el impacto de la inversion publica sobre la inversion privada. Frente a la escasez relativa de trabajos empiricos sobre este tema, el estudio enfoca el caso de la economia brasilena en el periodo 1947-1990. Sus principales conclusiones son: La inversion privada es...