The paper investigates the rise and fall of the disequilibrium approach in macroeconomics between the mid 1960s and the late 1970s. During that period macroeconomists became attracted to the interpretation of unemployment phenomena based on the notion that markets are not in equilibrium. It was...

In this paper, we calculate the necessary payroll tax to reach the financial equilibrium of the retirement system for formal workers in the private sector in Brazil (INSS). Such an exercise allows us to identify the formal employees who contribute to the increase of the INSS deficit. Although we...

The paper discusses the League of Nations's project to produce consensus in the interpretation of aggregate economic fluctuations in the 1930s. G. Haberler started working in 1934 at the League of Nations headquarters in Geneva on a broad enquiry that should lead to a synthesis of the several...

Education is fundamental for social and economic development and school finance is one of the main features of an educational system. Assuming that a greater amount of resources brings more school quality, one can say that an "appropriate" primary and secondary school finance system should...

The aim of this paper is to introduce a model of student flows. Starting with two years of the Brazilian Household Survey PNAD (2002 and 2003), school transition rates are identified for primary school and high school. These rates are used to project the education- related data in PNAD until...

The research on the relation between school quality and student achievement have many different results, but most analysts conclude that the school quality has little influence on student performance, as compared to background characteristics. However, there are evidences that difficulties using...