Now showing items 1-20 of 21

    • Arrecadação governamental e sistema tributário como resultados políticos 

      Souza, Gustavo Moreira
      2014-05-29
      This paper introduces simultaneous choices of the political, taxation and expenditure government systems in a dynamics macroeconomic model of political economy with incomplete markets where the size of government must be ...
    • Can search costs explain price differentiation in the Brazilian fund industry?: replicating Hortaçsu & Syverson (2004) 

      Soares, Paulo Sergio de Miranda da Costa
      2017-03-31
      This work replicates Horta¸csu & Syverson (2004) model using Brazilian data. The objective of this paper is to evaluate if search frictions explain price dispersion, administrative fees, in the Brazilian funds industry. ...
    • Capital budgeting and risk taking under credit constraints 

      Iachan, Felipe Saraiva
      2017-10
      Credit constraints generate a hedging motive that extends beyond purely financial decisions by also distorting the selection and operation of real investment projects. We study these distortions through a dynamic model in ...
    • The choice channel of financial innovation 

      Iachan, Felipe Saraiva; Nenov, Plamen T.; Simsek, Alp
      2018-11-15
      Financial innovation in recent decades has expanded portfolio choice. We investigate how greater choice a¤ects investors.savings and asset returns. We establish a choice channel by which greater portfolio choice increases ...
    • Coordination failures in business cycles 

      Machado, Caio Henrique
      2017-05-11
      Coordination failures are often said to play an important role in business cycles. If agents’ incentives of taking a given action depend on the amount of other agents expected to take the same action, coordination failures ...
    • Ensaios em Finanças 

      Azevedo, Rafael Moura
      2013-10-11
      Esta tese é composta de três artigos sobre finanças. O primeiro tem o título 'Nonparametric Option Pricing with Generalized Entropic Estimators ' e estuda um método de apreçamento de derivativos em mercados incompletos. ...
    • Essays in applied econometrics and monetary policy 

      Santos, Ana Flávia Soares dos
      2018-06-19
      This thesis contains three independent chapters. The first one is about central bank credibility, where we measure people’s beliefs using survey data on inflation expectations and focus on the 12-month-ahead horizon since ...
    • Essays in macroeconometrics 

      Saraiva, Diogo Vinícius Menezes
      2015-11-27
      The knowledge of the current state of the economy is crucial for policy makers, economists and analysts. However, a key economic variable, the gross domestic product (GDP), are typically colected on a quartely basis and ...
    • Essays on banking theory and history of financial arrangements 

      Ferreira, Murilo Resende
      2014-06-27
      This thesis contains two chapters, each one dealing with banking theory and the history of financiai arrangements. In Chapter 1, we extend a Diamond and Dybvig economy with imperfect monitoring of early withdrawals and ...
    • Essays on economic development and education 

      Delalibera, Bruno Ricardo
      2018-03-09
      This thesis is a collection of three essays in economic development mainly focused on education. In the first two chapters, we study the effects that educational policies may have on a macroeconomic environment where ...
    • Essays on incentives, procurement and regulation 

      Rodrigues, Rafael Mourão dos Santos
      2013-10-30
      This thesis is composed of three articles. The first article, 'Simple Contracts under Simultaneous Adverse Selection and Moral Hazard', considers a principal-agent problem under the simultaneous presence of both moral ...
    • Essays on taxation and regulation: variational approach, couples taxation, and dynamic procurement 

      Alves, Cassiano Breno Machado
      2017-09-20
      Esta tese coleciona 3 dos projetos por mim desenvolvidos durante meu período de doutoramento na Escola de Pós Graduação em Economia da Fundação Getulio Vargas. No primeiro capítulo apresento um artigo que nasce da percepção ...
    • Estimação de prêmio de risco de startup 

      Romani, Mariana Omari
      2014-01-23
      Startups, by definition, are companies that are more exposed to risks and vulnerabilities than mature companies, which have already been established in the market. The aim of this study is to identify, apply and test a ...
    • Indicador coincidente da atividade econômica: uma aplicação à economia brasileira 

      Pimentel, Luana Moreira de Miranda
      2018-02-19
      Neste trabalho, desenvolvemos um indicador coincidente da atividade econômica brasileira de frequência mensal, construído a partir de um modelo na forma espaço de estados e estimado por meio do filtro de Kalman. O modelo ...
    • Information quality and crises in regime-change games 

      Iachan, Felipe Saraiva; Nenov, Plamen T.
      2015
      When crises potentially originate from coordination failures, does a deterioration in the quality of the information available to market participants contribute towards instability? We address this question in a general ...
    • Low expectations, low demand: when should the government intervene? 

      Machado, Caio Henrique
      2013-03-05
      Este trabalho estuda o impacto de diferentes políticas que procuram mitigar falhas de coordenação em um ambiente macroeconômico. Abordamos questões relativas ao timing dos estímulos econômicos. Quando o governo deveria ...
    • A nova literatura de finanças públicas dinâmicas 

      Iachan, Felipe Saraiva
      2007-08-08
      This dissertation is review of the most important results from the recent field of New Dynamic Public Finance, built on the introduction of dynamic incentive problem in taxation environment. We also contrast these results ...
    • Nowcasting Brazilian GDP: a performance assessment of dynamic factor models 

      Gomes, Guilherme Branco
      2018-03-19
      This work compares dynamic factor model’s forecasts for Brazilian GDP. Our approach takes into account mixed frequencies and can handle missing data. We implement three models: the first is based on the Principal Components ...
    • Stock lending market, short-selling restrictions, and the cross-section of returns 

      Mota, Lira Rocha da
      2017
      Essa tese é composta por três capítulos. O primeiro capítulo é dedicado a estudar o impacto causal de restrições de venda a descoberto sobre retorno de ações. A base de dados utilizada neste trabalho possui todas as ...
    • Transações geradas pelo fluxo de recursos dos fundos e o efeito momento no Brasil 

      Gonzalez, Raphaela Mattos
      2013
      The paper’s goal is test the instutional hypothesis for brazilian stocks momentum. We 'construct' a measure of demand shocks to individual stocks in the following steps: estimate the part of the mutual fund trading that ...