The World Needs a New Economics of Water by Mariana Mazzucato published by Project Syndicate (8/2025). Growing risks to the water supplies and hydrological cycles that sustain human civilization call for a new economic framework. In the remaining months…
Relatório de Acompanhamento Fiscal publicado por IFI (9/2025). “PIB do segundo trimestre, hiato do produto e parâmetros do PLOA – 2026 A atividade desacelerou no segundo trimestre, mas a economia ainda opera acima do potencial, com mercado de trabalho…
Assuntos Econômicos
The Liquidity State Dependence of Monetary Policy Transmission (Ashtari-Tafti et al.)
The Liquidity State Dependence of Monetary Policy Transmission by Oliver Ashtari-Tafti, Rodrigo Guimaraes, Gabor Pinter, Jean-Charles Wijnandts published by BIS (9/2025). We show that monetary policy shocks move long-term government bond yields only when market liquidity is high and…
Assuntos Econômicos
The Impact of Labor Litigation Cases on Firm-level Productivity in Brazil (Hannan & Pienknagura)
The Impact of Labor Litigation Cases on Firm-level Productivity in Brazil by Swarnali Ahmed Hannan and Samuel Pienknagura published by IMF (3/2025). The Brazilian labor market went through significant changes in 2017 with reforms to reduce litigation and increase…
Assuntos Econômicos
Fiscal Federalism and the Role of the Income Tax (Gordon)
Fiscal Federalism and the Role of the Income Tax by Roger Gordon published by NBER (3/2023). This paper rethinks the design of the income tax by assuming that the objective of the tax is not to redistribute from rich…
The Fiscal Future by N. Gregory Mankiw published by NBER (2025) “…The topic I would like to talk about today was close to Marty’s heart: the stance of fiscal policy and the path of government debt. Throughout his career,…
Assuntos Econômicos
AI is Enhancing Fiscal Transparency in Brazil (Rocha et al.)
AI is Enhancing Fiscal Transparency in Brazil by Karla Rocha, Kalina Porto, Vitor Fabel published by IMF (12/2024). Brazil’s National Treasury (STN) is driving the compilation of government finance statistics. It is using artificial intelligence (AI) to classify subnational governments’ expenditures…
Assuntos Econômicos
Efeito da regra de indexação do salário mínimo: R$ 165 bilhões em quatro anos (Giambiagi)
Efeito da regra de indexação do salário mínimo: R$ 165 bilhões em quatro anos por Fabio Giambiagi publicado por Conjuntura Econômica – FGV (9/2025). “O governo Lula adotou em 2023 uma regra de reajuste do salário mínimo (SM) baseada…
Targeted Transparency: Sectoral Approach to Beneficial Ownership in Procurement and Real Estate by Ivana Rossi, Chady El Khoury, Indulekha Thomas, Luisa Malcherek, Mohammed Al Janahi published by IMF (9/2025). Identifying the natural person who ultimately owns or controls an…
The Capital Puzzle by Eduardo G. C. Amaral published by BIS (8/2025). Can a central bank tighten monetary policy and real interest rates fall under monetary dominance? Introducing endogenous capital into the New Keynesian model allows real interest rates…
