Sep 2004
Author(s): Gradstein, Mark; Chong, Alberto E.
This paper presents theory and evidence on the determinants of the size of the informal sector. We propose a simple theoretical model in which the informal sector's size is negatively related to…
Apr 2004
Author(s): de Paiva Abreu, Marcelo
The paper is concerned with the high protection cum high growth experience in Brazil until the second half of the 1980s and its crisis. The paper is structured in four sections. The first section is…
Apr 2004
Author(s): de Paiva Abreu, Marcelo
The paper analyses aspects of trade liberalization and the political economy of protection in Brazil since 1987. Section I considers the internal and external constraints to the continued adoption of…
Apr 2004
Author(s): Chong, Alberto E.; Gradstein, Mark
This paper presents theory and evidence on the relationship between inequality and institutional quality. We propose a model in which the two dynamically reinforce each other and set out to test this…