Now showing items 1-18 of 18

    • Are political institutions substitutes for democracy?: a political economy analysis of economic growth 

      Teles, Vladimir Kühl; Pereira, Carlos
      2013-09-12
      This manuscript empirically assesses the effects of political institutions on economic growth. It analyzes how political institutions affect economic growth in different stages of democratization and economic development ...
    • Choques cambiais, política monetária e equilíbrio externo da economia brasileira em um ambiente de hysteresis 

      Teles, Vladimir Kühl
      2005-09-01
      The concept of hysteresis suggests that a shock on exchange rate change the foreign equilibrium of the economy. In that context, the experience of the fluctuations of the Brazilian case from the Real Plan is examined, ...
    • Ciclos reais e política fiscal no Brasil 

      Mussolini, Caio Cesar; Teles, Vladimir Kühl
      2012-03-01
      We develop a real business cycle model that includes the government sector and public capital, in order to analyze the effects of fiscal shocks over the business cycle and to account for the main stylized facts of postwar ...
    • Crédito e desemprego no Brasil: 2002 a 2015 

      Matos Filho, José Coelho; Teles, Vladimir Kühl
      2018-11
      Este artigo investiga como expansões de crédito impactam a dinâmica do desemprego. Nós estimamos modelos multivariados de séries de tempo (VAR e TVAR (Threshold Vector Autoregression)) para investigar os efeitos da diminuição ...
    • Crime and punishment with habit formation 

      Teles, Vladimir Kühl; Andrade, Joaquim Pinto de
      2009-09-03
      Moral concepts affect crime supply. This idea is modelled assuming that illegal activities is habit forming. We introduce habits in a intertemporal general equilibrium framework to illegal activities and compare its outcomes ...
    • Fiscal multipliers in bad times: does the nature of a recession matter? 

      Borsoi, Nicolas da Silva; Teles, Vladimir Kühl
      2018-10
      The literature measuring the magnitude of the fiscal multiplier has a considerable consensus that the stimulative effects of fiscal instruments depends on the current state of economic activity, whether it is expanding or ...
    • Funcionalismo público e desigualdade de renda no Brasil 

      Braite, Francine Martinez; Teles, Vladimir Kühl
      2018-10
      Este artigo se propõe analisar quais foram os fatores que contribuíram para a queda da desigualdade no Brasil, que ocorreu de forma tímida a partir dos anos de 1990 e de forma mais acelerada a partir de 2000, e qual o papel ...
    • Investment-specific technological change and the Brazilian macroeconomy 

      Teles, Vladimir Kühl; Costa Junior, Celso José; Rosa, Rafael Mouallem
      2014-12-12
      We studied the effects of changes in banking spreads on distributions of income, wealth and consumption as well as the welfare of the economy. This analysis was based on a model of heterogeneous agents with incomplete ...
    • Investment-specific technological change and the Brazilian macroeconomy 

      Teles, Vladimir Kühl; Costa Junior, Celso José; Rosa, Rafael Mouallem
      2015-03-03
      This study discusses the importance of investment-specific technological change for the brazilian macroeconomy. We document evidence that a model that takes this specific type of technical progress into account is better ...
    • Monetary policy and country risk 

      Teles, Vladimir Kühl; Andrade, Joaquim Pinto de
      2010-06-29
      This article develops an econometric model in order to study country risk behavior for six emerging economies (Argentina, Mexico, Russia, Thailand, Korea and Indonesia), by expanding the Country Beta Risk Model of Harvey ...
    • On the purchasing power parity for Latin-American countries 

      Amor Divino, José Ângelo Costa do; Andrade, Joaquim Pinto de; Teles, Vladimir Kühl
      2010-06-01
      The purpose of this paper is to test the hypothesis of long-run purchasing power parity (PPP) for all Latin American countries. These countries share similar economic history and contagious effects from currency crises, ...
    • Política fiscal direcionada no Brasil 

      Costa Junior, Celso José; Fantinatti, Amanda Miranda; Teles, Vladimir Kühl
      2018-10
      No presente trabalho estimamos o efeito de políticas fiscais direcionadas para o setor de bens duráveis através de reduções do IPI sobre a atividade econômica brasileira. Para tanto construímos um modelo estrutural que ...
    • Política monetária em tempos de crise 

      Teles, Vladimir Kühl; Mendonça, Diogo de Prince
      2013-10-10
      O presente artigo busca investigar como choques externos, como sudden stops e choques nos termos de troca, afetaram a economia brasileira. Para tanto propomos um modelo teórico simples de cash-in-advance com fricções ...
    • Public investment in basic education and economic growth 

      Teles, Vladimir Kühl; Andrade, Joaquim Pinto de
      2010-06-29
      The main objective of this paper was to visualize the relation between government spending on basic education and the human capital accumulation process, observing the impacts of this spending on individual investments in ...
    • Reformas tributária e previdenciária e a economia brasileira no longo prazo 

      Teles, Vladimir Kühl; Andrade, Joaquim Pinto de
      2006-03-01
      The paper simulates the effects of tax and social security reforms on the main variables of the Brazilian Economy in the long run. For that matter a computable general equilibrium model of overlapping generations à la Lucas ...
    • O regime de metas de inflação do Brasil é crível? 

      Teles, Vladimir Kühl; Nemoto, Joana
      2005-09-01
      A Central Bank that achieves and maintains its objective of a low and stable inflation rate, and does not attempt to exploit the trade-off between real output and inflation is defined to be credible. A time series model ...
    • Taylor principle and inflation stability in emerging market countriesw 

      Teles, Vladimir Kühl; Zaidan, Marta Penteado
      2009-08-26
      The goal of this paper is to evaluate the validity of the Taylor principle for inflation control in 12 developing countries that use inflation targeting regimes: Brazil, Chile, Colombia, Hungary, Israel, Mexico, Peru, ...
    • Where did inflation targeting matter? 

      Barbosa, Rodrigo dos Santos; Brito, Ricardo D.; Teles, Vladimir Kühl
      2018-10
      We investigate the effects of inflation targeting (IT) adoption on industrial economies by comparing each inflation targeter country (ITer) with its synthetic control, defined as the convex combination of non-IT countries ...