Os gastos com transporte constituem uma parte expressiva dos orçamentos públicos municipais no Brasil. Tradicionalmente concentrados em investimentos de capital voltados à infraestrutura viária, os recursos têm sido progressivamente redirecionados para o custeio da operação dos sistemas...

A diversificação dos mecanismos de garantia no Brasil é essencial para atrair investimentos privados em infraestrutura. Garantias sólidas aumentam a segurança jurídica e reduzem o risco percebido por atores privados, facilitando a entrada de novos investidores e financiadores...

This note describes the Devolve-ICMS program, an innovative VAT cashback initiative aimed at refunding taxes to low-income households in the state of Rio Grande do Sul, Brazil. Using administrative records, the authors document several stylized facts about the workings of the program. First,...

This research investigates the potential impact of adopting electric vehicles (EVs) on greenhouse gas (GHG) emissions within the Brazilian state of São Paulo. The aim is to evaluate the extent to which varying EV adoption rates can contribute to emissions reductions. A systematic literature...

An intriguing question regarding the relationship between international financial institutions (IFIs) and their Latin American borrowers concerns how and why regime type influences the degree to which the parties are prepared to sign loan agreements. Some scholars highlight a 'democratic...

This paper examines the impact of racial concordance between mothers and healthcare providers on childbirth practices and health outcomes in Brazilian public hospitals. Using a novel dataset linking patients and providers across 15 million births, we compare deliveries where providers and...

How do minimum wages affect informality? We study the near-doubling of the real minimum wage from 2000 to 2009 in Brazil, where 46% of the workforce is informal. Using labor force surveys covering the informal sector, we show the minimum wage exhibits near full passthrough to informal employees...

Skill transferability is essential for occupational mobility and adapting to external shocks, yet detailed data on workers’ skills is often scarce and costly to collect, specially in developing countries. This paper explores whether the American O*NET database, one of the most popular...

How do minimum wages affect informality? We study the near-doubling of the real minimum wage from 2000 to 2009 in Brazil, where 46% of the workforce is informal. Using labor force surveys covering the informal sector, we show the minimum wage exhibits near full passthrough to informal employees...

This study provides an overview of the status of international climate negotiations ahead of the climate change conference in Belém, Brazil, from 10 to 21 November 2025. It covers the key topics under the United Nations Framework Convention on Climate Change and the Paris Agreement, namely the...

This study provides an overview of the status of international climate negotiations ahead of the climate change conference in Belém, Brazil, from 10 to 21 November 2025. It covers the key topics under the United Nations Framework Convention on Climate Change and the Paris Agreement, namely the...

Can a brief period of economic prosperity leave a legacy of long-term adversity for local populations? This study investigates the enduring impact of the Amazon rubber boom around 1900 on contemporary income, inequality, Indigenous groups presence, and forest conservation. Identification...

This paper examines the relationship between economic growth and rural unemployment in Brazil and Mexico, incorporating the effects of climate variability and spatial interactions. Okun's Law serves as the theoretical framework, and a dynamic spatial panel model is applied to estimate short-term...

This work verifies the interactions between fiscal and monetary policies in Brazil, involving real GDP, the Interest index, Inflation index, real Exchange rate, and actual public debt, using empirical data from January 1998 to December 2018 to calibrate the model. In the analyses, we employ...

Drop-in alternative liquid fuels—Renewable Diesel (RD) and Sustainable Aviation Fuel (SAF)—offer material near-term abatement for hard-to-electrify transport segments, such as Aviation and heavy-duty transport; their deployment depends on pathway-specific costs, hydrogen requirements, and...

From 10 to 21 November 2025, the 30th Conference of the Parties (COP30) will take place in Belém, Brazil. The COP is the main international conference that addresses the global response to climate change under the United Nations Framework Convention on Climate Change (UNFCCC). Representatives...

This report advocates for a place-based infrastructure strategy to unlock the Amazon's sustainable bioeconomy, balancing economic inclusion with environmental protection. It highlights the region's infrastructure gaps, especially in transport, energy, and digital connectivity, which collectively...

This study investigates how Foreign Direct Investment (FDI) and regional absorptive capacity (AC) shape economic complexity at the municipal level in Brazil, an emerging economy characterized by structural heterogeneity. Using regional export data and a manually constructed FDI proxy, we apply...

This study investigates the determinants that drive the volatility of the credit default swaps (CDS) of BRICIT (Brazil, Russia, India, China, Indonesia, and Turkey) nations as a proxy measure for sovereign risk. On the existence of cointegration, an unrestricted error correction model integrated...

Context: Digital entrepreneurship has attracted the attention of governments, investors, and researchers, who are directing their efforts and resources toward investigating its causes. Several studies have focused on the positive factors contributing to entrepreneurial intentions, with Theory of...