The aim of this piece is to analyse, based on the post-keynesian framework, the relationship between the centrality and dynamism of regions and the behaviour of some regional financial variables at Brazil from 1988 to 2000, which is a period of different levels of macroeconomic uncertainty. The...

The aim of this paper is to analyze critically the Independence of Central Banks (ICB). By presenting the theoretical arguments that support the independence, as well as some empirical studies regarding this topic, we introduce the main critical concerns about the argument of ICB. Besides, we...

Despite the fact that after the second half of the 1990s studies of financial exclusion have gained strength among the studies about poverty and regional and social inequalities, a few studies about this problem had appear in the Brazilian economic literature. The present work contributes to the...

The aim of the article is to analyze the relationship between a financial system and the city in which it is located. In order to do so, initially an inedited theoretical discussion regarding the analysis of the relationship between the degree of centrality of a city and the behavior of...

This paper aims at analyzing regional development in Brazil regarding its financial conditions. It departs from the features of the federalism and decentralization in Brazil, as well as the state and local expenditures. We intends to investigate the role of the federalism and decentralization...

The aim of this piece is to analyze some territorial determinants to the total amount of credit in a specific region. These determinants are derived from the economics conditions of the region and are observed through the liquidity preference of banks and public. Accordingly to the Post...

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...