Economia
Aumentos na produção de petróleo no Brasil aumentam bem-estar da população ou apenas aumentam corrupção? Este artigo de Francesco Caselli e Guy Michaels levanta evidências de que mais petróleo é bom mesmo para políticos corruptos. Aí vai o abstract:
We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP composition. However, oil abundance causes municipal revenues and reported spending on a range of budgetary items to increase, mainly as a result of royalties paid by Petrobras. Nevertheless, survey-based measures of social transfers, public good provision, infrastructure, and household income increase less (if at all) than one might expect given the increase in reported spending. To explain why oil windfalls contribute little to local living standards, we use data from the Brazilian media and federal police to document that very large oil output increases alleged instances of illegal activities associated with mayors.
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Economia
Petróleo e A Maldição dos Recursos Naturais no Brasil
Aumentos na produção de petróleo no Brasil aumentam bem-estar da população ou apenas aumentam corrupção? Este artigo de Francesco Caselli e Guy Michaels levanta evidências de que mais petróleo é bom mesmo para políticos corruptos. Aí vai o abstract:
We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP composition. However, oil abundance causes municipal revenues and reported spending on a range of budgetary items to increase, mainly as a result of royalties paid by Petrobras. Nevertheless, survey-based measures of social transfers, public good provision, infrastructure, and household income increase less (if at all) than one might expect given the increase in reported spending. To explain why oil windfalls contribute little to local living standards, we use data from the Brazilian media and federal police to document that very large oil output increases alleged instances of illegal activities associated with mayors.
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- O Multiplicador Keynesiano Pode Ser Negativo
KEYNESIAN GOVERNMENT SPENDING MULTIPLIERS AND SPILLOVERS IN THE EURO AREA by Tobias Cwik and Volker Wieland Abstract The global financial crisis has lead to a renewed interest in discretionary fiscal stimulus. Advocates of...
- Possíveis Impactos Do Quantitative Easing (qe2) Sobre A Economia Americana
Martin Feldstein com a palavra: "At the annual Fed conference at Jackson Hole, Wyoming in August, Fed Chairman Ben Bernanke explained that he was considering a new round of quantitative easing (dubbed QE2), in which the Fed would buy a substantial volume...
- Impactos Macroeconômicos De Impostos E Compras Do Governo
Do último artigo de Robert Barro e Charles Redlick: "For U.S. annual data that include WWII, the estimated multiplier for defense spending is 0.6-0.7 at the median unemployment rate. There is some evidence that this multiplier rises with the extent of...
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Um texto sobre "tamanho do governo" que me pareceu interessante: Women Prefer Larger Governments: Growth, Structural Transformation and Government Size Tiago V. de V. Cavalcanti† Jos´e Tavares‡ July 2004 Abstract The increase in income...
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Cerveja! O artigo que eu sempre quis ler....:-) Research Papers Well-Intentioned Insurance Legislation May Increase Alcohol Abuse by Jonathan Klick June 3, 2003 In a new working paper, Mercatus scholars, Jonathan Klick and Thomas Stratmann...