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In the last decade, following the international trend, the Brazilian government has been promoting a group of initiatives that composes a financial inclusion policy. The main focus of such a policy is the low income population (poor and extremely poor) …
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With studies on poverty displaying methodological and concept complexity, and in light of works on the factors responsible for the poverty phenomenon, researchers of the issue have reached a consensus about the multidimensional character and the complexity of this social …
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The paper analyzes the poverty of Brazilian families through a two-dimensional measure of poverty that considers both the income and the allocation of time. In this sense, using the methodology proposed by Vickery (1977) in which poverty isoquant curves are …
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With the advent of the phenomenon of global warming, the greenhouse effect, countries that emit more greenhouse gases (GHGs) have suffered strong international pressure to reduce such emissions. In Brazil, much attention is focused on deforestation, one of the largest …
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This paper presents a three sector (formal, informal, and energy) open-economy model that describes the schematic behavior of the Brazilian economy. The model distinguishes among three economic classes and assumes no financial sector. Formal and energy sectors are demand–constrained; the …
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In absolute terms, Brazil has almost 33 million people playing some entrepreneurial activity where the presence of women is outstanding. Considering this background, this paper aims at increasing the understanding whether the interactions between trust, finance and entrepreneurship in contemporary Brazil could enhance …
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Academic discussion of Brazil’s economic growth is currently framed in terms of export-led growth and wage-led growth, identified, respectively, with the new- developmentalism and the social-developmentalism approaches. This article presents wage-led Keynesian-Institutionalism, a new approach able to ensure macroeconomic stability …
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This article investigates the effect of macroeconomic conditions on the term structure represented by the spreads of 1, 5 and 10 year term bonds; the database used contains monthly data for the period August 1997 to September 2011. The results …
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The paper analyzes the evolution of the economies of Brazil and the U.S., with a focus in the 1995-2008 years. The crucial variables studied are the profit rate and its distributive and technological components. The theory emphasizes the importance of …
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The aim of this paper is to measure and explain income-related inequality in healthcare utilization for Brazilian regions. Firstly, inequality was estimated by two measures: concentration index and horizontal inequality index. The first index reflects income-related inequalities, but does not …
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Economic development, in any of the several possible definitions, is a medium- and long-term process. More than that, it is always a set of structural changes, which are not to be confused with the short term fluctuations in the macroeconomic …
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The Brazilian oil production reached 2.7 million of barrels per day in 2011 and the projections are to more than double that until 2020. Petrobras expects more than 40% of this production to come from the pre-salt layer. The estimated …
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Economic actions and policies centered on the liberalization of all markets and price stabilization have been implemented in Brazil, since the early 1990s, in order to enhance the advance of global integration into the trade and financial flows. In this …
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Brazil combines high inequality and high tax yield as percentage of the GDP.This situation contradicts the predictions of two central theories of taxation and democratic politics. The first theory predicts that, within a democratic context, high levels of income inequality …
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