This article investigates the growth regime prevailing in the Brazilian economy from 2001 to 2009 by presenting a theoretical model that underpins the empirical research concerning the Brazilian economy. The results show ...

This paper is aimed at developing a business-cycle model for a small open emerging economy (SOEE). The model is parameterized, calibrated, and simulated to rationalize two important stylized facts in a SOEE. The first one ...

In mid-2011, conditions deteriorated in the industrialized economies. Early in the year, instability in North Africa combined with other factors to push up fuel prices. Then, in March, the tragedy of the earthquake, ...

This thesis is composed of three independent papers. In the first paper, I revisit the competition-innovation debate in light of the recent empirical evidence on the effects of increased exposure to China product competition. ...

Centrality of knowledge-based industries (KBI) in the economy of metropolitan areas leads to the transformation of their labour markets and promotion of new forms of urban growth, because of creation of KBI specialized ...

Many African countries have experienced unprecedented rates of economic growth in recent years, yet their economic transformations display features that could constrain their future growth prospects. Particularly troublesome ...

This paper presents a model of the conditions that may lead a small open economy towards a middle income trap. This situation has shown to be pervasive in Latin America. As Argentina is a salient instance of this phenomenon, ...

The aim of this paper is to examine how inflation volatility affects economic growth in a small open economy. To reach this goal, a stochastic macroeconomic model with a financial sector and incomplete financial markets ...