We estimate willingness to pay (WTP) for a first-order stochastic reduction on the risk of robbery at a large city in Brazil. We develop a structural choice model that nests a process of contingent valuation among non-degenerate lotteries and estimate it by both maximum likelihood and...

The objective of this study was to analyze empirically the effects of exports segmented into technological levels on the economic growth of Brazilian microregions during the period 2000-2010 in light of the Crespo-Cuaresma and Wörz’s (2005) model. The hypothesis is that exports increase...

The purpose of this work is to analyze the balance-of-payments-constrained growth in Brazil considering Thirwall's Law (1979). To this end, we estimate export and import demand functions using two econometric models: vector error correction and structural state space model for the period of...

Economic policy transmission between trade partners has been analyzed over different contexts in the literature. Depending on real or nominal frictions, the results indicate possible beggar-thy-neighbor effects for policies, given international trade, and need for coordinating policies. The...

The paper provides historical perspectives on spatial economic inequalities in Brazil making use of a database on Brazilian municipalities from 1872 to 2000. A suit of maps and graphs describe the geographic factors shaping the historical development of the Brazilian economy highlighting the...

This paper assesses whether eligibility for conditional cash transfer programs has been manipulated, as well as the impact of this phenomenon on time allocation within households. To perform this analysis, we use data from the 2006 PNAD (Brazilian national household survey) and investigate the...

The discoveries of oil and gas in the so-called "Pre-Salt layer" have triggered a lot of discussions about their economic effect. In this paper we discuss in detail a less discussed dimension: the impact of Pre-Salt layer in the structure of the Brazilian economy, especially the composition of...

A topic of current research in discussion about the Brazilian economy is the exemption from payroll taxes, which aims to stimulate competitiveness of the firms, boosting economic growth. This topic was introduced in Brazil by new laws that proposed replacing the payroll tax with a new tax on...

The objective of this paper is to learn about the effects of the adjustment costs, economic growth, imports and exports on human capital labor demand. The dynamic model proposed by Sargent (1978) was adjusted to consider three types of human capital: (a) one with fundamental education (1-8 years...

Brazilian homicide rates are among the highest in the world, inclusive of actual war zones. However, the character of Brazil's violence is changing. Recent analyses highlight a trend of dispersion of violence such that homicide rates in urban areas, traditionally the most violent places, have...