Publications

Publications in International Journals:

[1]. Stability and Cycles in a Sraffian Supermultiplier Model with Business and Residential Investment. Review of Evolutionary Political Economy, forthcoming. (with H. Moreira)

[2]. Vertical Integration, Technical Progress and Structural Change. Cambridge Journal of Economics, v. 48, p. 257–273, 2024. (with T. Santini).

[3]. A Multi-Sector post-Kaleckian Growth Model of Structural Change. Review of Political Economy v. 36(4), 1635–1653, 2024.  (with P. Fonseca and T. Santini).

[4].  A Vertically Integrated Approach to Increasing Returns and Cumulative Causation. Structural Change and Economic Dynamics, v. 65, p. 49-58, 2023.  (with T. Santini and R. Acypreste).

[5]. An Appraisal of Neo-Kaldorian Theories from a Structural Economic Dynamics Perspective. Structural Change and Economic Dynamics, v. 59, p. 247-255, 2021. (with J.R. Teixeira). 

[6]. Productivity Growth and Sectoral Interactions under Domar Aggregation: A Study for the Brazilian Economy from 2000 to 2014. Journal of Economic Structures, v. 10, p. 14, 2021. (with T. Santini).

[7]. Using Non-Linear Estimation Strategies to Test an Extended Version of the Goodwin Model to the US Economy. Review of Keynesian Economics, v. 8, p. 268-286, 2020. (with J. dos Santos).

[8]. A Structural Economic Dynamics Approach to 'Stagnationist' Unbalanced Growth. Review of Political Economy, v. 32, p. 1-19, 2020. (with T. Santini).

[9]. A two sector neo-Kaleckian model of growth and distribution: investment allocation and evolutionary dynamics. Metroeconomica, v. 72 (1), p. 213-236, 2020. (with C. Drumond).

[10]. The role of intermediate inputs in a multisectoral balance-of-payments-constrained growth model: the case of Mexico. Journal of Economic Structures, v. 8, p. 1-24, 2019. 

[11]. Some new insights on the empirics of Goodwin's growth-cycle model. Structural Change and Economic Dynamics, v. 51, p. 42-54, 2019. (with M. Davila-Fernandes and H. Moreira)

[12]. Limit cycles in a model of supply-side liquidity/profit-rate in the presence of a Phillips curve. EconomiA, v. 21, p. 145-159, 2019. (with P. Flaschel and H. Moreira)

[13] A multi-sectoral approach to the Harrod foreign trade multiplier. European Journal of Economics and Economic Policies: Intervention, v. 15, p. 91-104, 2018. (with A. Trigg)

[14] Economic Growth and Structural Change in a Multilateral Approach to the Balance-of-Payments Constrained Growth. Brazilian Review of Political Economy, v. 37, p. 894-915, 2017. 

[15]. Endogenous Elasticities and the Impact of the Real Exchange Rate on Structural Economic Dynamics. Structural Change and Economic Dynamics, v. 42, p. 67-75, 2017. 

[16]. An empirical test of the Post-Keynesian growth model applied to functional income distribution and the growth regime in Brazil. International Review of Applied Economics, v. 32 (4), p. 1-22, 2017.

[17]. Assessing the Dynamics of Terms of Trade in a Model of Cumulative Causation and Structural Change. Brazilian Review of Political Economy, v. 36, p. 150-167, 2016.

[18]. Export-led growth vs growth-led exports: what matters for the Brazilian growth experience after trade liberalization? Review of Keynesian Economics, v. 3, p. 108-128, 2015. (with C. Soares and J. Teixeira).

[19]. A neo-Kaldorian approach to structural economic dynamics. Structural Change and Economic Dynamics, v. 33, p. 25-36, 2015. (with A. Trigg).

[20]. Lyapunov stability in an evolutionary game theory model of the labour market. EconomiA, v. 15, p. 41-53, 2014. (with H. Moreira).

[21]. An evaluation of the Brazilian informal labor market from 1995 to 2008. Journal of Economic Studies, v. 40(8), p. 71-87, 2013.(with P. Loureiro and N. Souza).

[22]. Cumulative causation in a structural economic dynamic approach to economic growth and uneven development. Structural Change and Economic Dynamics, p. 130-140, 2012. (with A. Trigg)

[23]. Capital-Specific Technological Change and Human Capital Accumulation in a Model of Export-Led Growth. PSL Quarterly Review, v. 65, p. 275-311, 2012. (with G. Lima).

[24]. An Appraisal of The Import Substitution Strategy from A Structural Economic Dynamic Approach. The Economic Research Guardian, Weissberg SRL, vol. 1(2), pages 109-122. (2011) (with J. Teixeira)

[25]. An Evolutionary Game Theory Approach to the Dynamics of the Labor Market: A Formal and Informal Perspective. Structural Change and Economic Dynamics, v. 21(2), 101-110. (2010). (with N. Souza)

[26]. An Evolutionary Game Theory Approach to Combat Money Laundering. Journal of Money Laundering Control, v. 13(1), 70 - 78 (2010).

[27]. Are Labor Contracts Efficient to Combat Fraud?, Journal of Financial Crime, v. 16(3), 255-261 (2009). 

[28]. An evolutionary game theory approach to the dynamics of the labour market: A formal and informal perspective. Structural Change and Economic Dynamics, v. 21, p. 101-110, 2009.

[29]. Assessing the Efficiency of the Anti-Money Laundering Regulation: An Incentive based Approach, Journal of Money Laundering Control, v. 11(1), 67 – 75 (2008).

[30]. A Structural Economic Dynamic Approach to Balance of Payment Constrained Growth. Cambridge Journal of Economics, v.31, 755-774. (2007). (with G.T. Lima). 

[31]. The Effects of Money Laundering and Terrorism on Capital Accumulation and Consumption. Journal of Money Laundering Control, v.9, 265-271. (2006) 

[32]. An Intertemporal Model of Dirty Money. Journal of Money Laundering Control, v.8, 260-262. (2005) (with T.B. Moreira)

[33]. A Dynamic Model of Production and Traffic of Drugs. Economics Letters, v.82, 371-376. (2004)  (with T.B. Moreira)

[34]. A Pasinettian Approach to International Economic Relations: The Pure Labour Case. Review of Political Economy, v.16, 117-129. (2004). (with J.R. Teixeira)

[35]. An Intertemporal Pasinettian Model with Government Sector. International Journal of Business and Economics, v.3, 257-268. (2004). (with J.R. Faria)

[36]. Optimal Human Investment Allocation. Economics Letters, v.85, 71-76. (2004)

[37]. Structural Economic Dynamics: An Alternative Approach to Uneven Development. Cambridge Journal of Economics, v.28, 705-717. (2004). (with J.R. Teixeira)

[38]. The Effects of the New Economy on the Terms of Trade between North-South Countries: A Structural Economic Dynamic Approach. International Review of Business and Economics, v.51, 193-206. (2004). (with J.R. Teixeira and G. Marangoni)

[39]. An Extension of the Structural Change Model to International Economic Relations. Metroeconomica, v.54, 458-473. (2003). (with J.R. Teixeira)

[40]. Structural Change and Decisions on Investment Allocation. Structural Change and Economic Dynamics, v.13, 249 – 258. (2002). (with J.R. Teixeira). 

Publications in Brazilian Journals:

[1]. O Debate sobre Desenvolvimento na América Latina na Ótica dos Regimes de Crescimento Wage-led e Profit-led.  Brazilian Keynesian Review, 9(1), p.101-127, 2023. (with P. Fonseca)

[2]. Causação Cumulativa, Progresso Tecnológico Endógeno e Taxa de Câmbio em uma Abordagem de Dinâmica de Mudança Estrutural. Economia e Sociedade,  v. 28, p. 71-87, 2019.

[3]. Growth regimes in a structural economic dynamics approach to the neo-Kaleckian model. Brazilian Keynesian Review, v. 2, p. 26-39, 2016.

[4]. Uma Abordagem de Teoria de Contratos Aplicada à Regulação do Setor de Telecomunicações. Economic Analysis of Law Review, v. 7, p. 141-152, 2016.

[5]. A multi-sectoral version of the Post-Keynesian growth model. Estudos Econômicos, v. 45, p. 127-152, 2015.

[6]. Optimal Investment Allocation in Decentralized Markets. Revista de Economia Mackenzie, v. 12, p. 201-222, 2015.

[7]. The Economic Foundations of Anti-Money Laundering Regulation. Economic Analysis of Law Review, v. 6, p. 322-332, 2015.

[8]. Modelos de crescimento impulsionados pela demanda: evidências do modelo de Thirlwall para os setores brasileiros. Revista Brasileira de Estatística, v. 75, p. 43-73, 2013.

[9]. Decisions on investment allocation in the post-Keynesian growth model. Estudos Econômicos, v. 42, p. 615-634, 2012.

[10]. An Economic Investigation of Confiscation as a Tool Against Money Laundering. SSRN Electronic Journals: The English & Commonwealth Law Abstracts Journal, p. 271-280, 2012. (with T.B. Moreira)

[11]. Efeitos de variações cambiais em uma abordagem de dinâmica de mudança estrutural à teoria do crescimento restrito pelo balanço de pagamentos. Economia e Sociedade, v. 21, p. 585-606, 2012.

[12]. Structural change and macrodynamic capabilities. Nova Economia, v. 21, p. 331-349, 2011.

[13]. Adverse Selection in an Efficiency Wage Model with Heterogeneous Agents. EconomiA, v. 11, p. 495-503, 2010.

[14].Multi-Sector Thirlwall's Law and Technological Progress. Análise Econômica , v. 28, p. 71-83, 2010.

[15]. The Effects of Fully Funded Social Security on Savings and Capital Accumulation. Revista de Economia Mackenzie, v. 8, p. 25-34, 2010.

[16]. The Cambridge Equation with government activity revisited. Revista de Economia Contemporânea, v. 14, p. 575-586, 2010.

[17].Multi-Sector Thirlwall's Law and Technological Progress. Análise Econômica , v. 28, p. 71-83, 2010.

[18]. Investment Specific Technological Progress and Structural Change. Estudos Econômicos, v. 40, p. 819-829, 2010.

[20]. Optimal Investment Specific Technological Progress Allocation in a Two Sector Model. EconomiA, v. 10, p. 457-464, 2009.

[21]. Assessing the Brazilian Anti-Money Laundering Regulation: A Game Theoretic Approach. Revista de Economia Mackenzie, v. 7, p. 31-42, 2009.

[22]. A Post-Keynesian Model of Growth and Wealth Distribution: Government´s Optimal Tax Choice Using an Intertemporal Infinitely Representative Agent. Revista de Economia Mackenzie, v. 7, p. 9-29, 2009.

[23]. Optimal Investment Allocation under Embodiment in a two Sector Model. Revista Brasileira de Economia de Empresas, v. 9, p. 17-23, 2009.

[24]. Coordination and Discrimination in an Intertemporal Model of the Labor Market. Revista da ABET, v. VIII, p. 129-134, 2009.

[25]. Optimal Investment Specific Technological Progress Allocation in a Two Sector Model. EconomiA, v. 10, p. 457-464, 2009.

[26]. Mudança Estrutural e Alocação de Investimentos Em Uma Abordagem Pasinettiana. Revista de Economia Política, Brasil, v. 19, n.3(75), p. 131-142, 1999.

Book chapters:

[1]. A Vertically Integrated Approach to Structural Decomposition: An Analysis of the Brazilian Economy from 2000 to 2018 In: J. Faria, J. Araujo and J. G. Oliveira (eds.) Income Distribution, Economic Growth and Unemployment New Directions in Modern Economics serie. Edward Elgar Publishing (forthcoming) (with de R. Acypreste and T. Santini).

[2]. Growth, unequal. In: Louis-Philippe Rochon and Sergio Rossi (eds.). The Encyclopedia of Post-Keynesian Economics. Edward Elgar Publishing, (2024), v. 18(1), p. 3 - 54. 

[3]. Testing a Goodwin’s Model with Capacity Utilization to the US Economy. In: Orlando, Giuseppe, Pisarchik, Alexander N., Stoop, Ruedi (eds.). Non-Linearities in Economics: An Interdisciplinary Approach to Economic Dynamics, Growth and Cycles, Springer (2021), 295-313 (with H. Moreira).

[4]. Structural Change and the Role of Demand. In: N. Foster-McGregor, L. Alcorta, A. Szirmai, and B. Verspagen (eds.). New Perspectives on Structural Change: Causes and Consequences of Structural Change in the Global Economy, Oxford University Press. (2021), 95 - 112 (with J. Teixeira).

[5]. The Dynamics of Liquidity/Profit-Rate Cycles. In: C. Chiarella, P. Flaschel, R. Araujo, R. Franke, M. Charpe, C.. Proaño, and A. Szczutkowski (eds.). Unbalanced Growth from a Balanced Perspective. Edward Elgar, (2021), 105 - 126. (with H. Moreira and P. Flaschel).

[6]. Mudança Estrutural e Crescimento Econômico. In: C. Feijó and E. Araujo. (Org.) Macroeconomia Moderna: Lições de Keynes para Economias em Desenvolvimento. Elsevier, (2019), 101 - 112.

[7]. From Kalecki to Pasinetti: Similarities between Growth and Distribution Models. In: J. Teixeira and D. Pinheiro. (Org.) Essays on Political Economy. Editora CRV, (2018), 35-56. (with P. Fonseca)

[8]. New Insights from a Structural Economic Dynamic Approach to Balance of Payments Constrained Growth. In: E. Soukiazis and P. Cerqueira, Editors. Models of Balance of Payments Constrained Growth: History, Theory and Empirical Evidence. Palgrave MacMillan, (2012), 217 -238.

[9]. Crescimento Impulsionado Pelo Demanda: Evidência do Modelo de Thirlwall para os Setores Brasileiros. In: Ricardo Azevedo Araujo; Joanílio Rodolpho Teixeira. (Org.). Contribuições à Economia Política Contemporânea. 1ed.Curitiba: CRV, (2010), v. 1, 39-66.

[10]. Análise da Dinâmica Estrutural de Economias Abertas de Trabalho Puro. In: Ricardo Azevedo Araujo; Joanílio Rodolpho Teixeira. (Org.). Contribuições à Economia Política Contemporânea. 1ed. Curitiba: CRV, (2010), v. 1, 151-184.

[11]. An Appraisal of the Import Substitution Strategy from a Structural Economic Dynamic Approach. In: Joanílio Rodolpho Teixeira; Ricardo Azevedo Araujo. (Org.). Getting out of the current economic crisis in the light of alternative development paradigms. 1ed. Brasília: Vera & Francilia, (2010), v. 1, 9-26.

[12]. Nova Economia, Mudança Estrutural e os Desafios da Inserção Internacional. In: Ricardo Azevedo Araujo; Joanílio Rodolpho Teixeira. (Org.). Contribuições à Economia Política Contemporânea. 1ed. CRV, (2010), v. 1, 135-150.