Summary From the editor ................................................................ 7 Articles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 A post Keynesian model of growth and wealth distribution: government’s optimal tax choice using an intertemporal infinitely representative agent Hugo Chu Chun Wei, Ricardo Silva Azevedo Araújo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Assessing the efficiency of the Brazilian anti-money laundering regulation: a game theoretic approach Ricardo Silva Azevedo Araújo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 Decomposition of Brazilian GDP´s cycles Celso de Campos Toledo Neto, Eraldo Genin Fiore . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 The carbon market as a conservation mechanism for the Amazon Forest Mariano Rua Lamarca Junior, César Roberto Leite da Silva . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 The neutrality of money and the role of expectations under the inflation targeting scheme in Brazil: a post-Keynesian view Jose Caio Racy, Felipe Augusto Canal da Silva . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84 Multivariate analysis for socio-economic indicators of the G-20 countries Gil Bracarense Leite, Henrique Brigatte, Eder Barbosa de Aguilar . . . . . . . . . . . . . . . . . . . . . . . 125 The process of bank merger in Brazil from 1995 to 2005: an international comparison André Fernandes Lima, Luanda Maria de Fátima Carvalho . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 148 6