Now showing items 1-17 of 17

    • Common cycles and the importance of transitory shocks to macroeconomic aggregates 

      Issler, João Victor; Vahid, Farshid (Elsevier Science Bv, 2001-06)
      Although there has been substantial research using long-run co-movement (cointegration) restrictions in the empirical macroeconomics literature, little or no work has been done investigating the existence of short-run ...
    • Common factors in Latin America's business cycles 

      Catão, Luiz (Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2005-08-19)
      This paper constructs new business cycle indices for Argentina, Brazil, Chile, and Mexico based on common dynamic factors extracted from a comprehensive set of sectoral output, external trade, fiscal and financial variables. ...
    • Constructing coincident and leading indices of economic activity for the brazilian economy 

      Issler, João Victor; Notini, Hilton Hostalácio; Rodrigues, Claudia Oliveira da Fontoura (Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2009-06-26)
      This paper has three original contributions. The first is the reconstruction effort of the series of employment and income to allow the creation of a new coincident index for the Brazilian economic activity. The second is ...
    • Constructing coincident and leading indices of economic activity for the Brazilian economy 

      Issler, João Victor; Notini, Hilton Hostalácio; Rodrigues, Claudia Oliveira da Fontoura (Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2012-03-15)
      This paper has three original contributions. The fi rst is the reconstruction effort of the series of employment and income to allow the creation of a new coincident index for the Brazilian economic activity. The second ...
    • Constructing coincident and leading indices of economic activity for the brazilian economy 

      Issler, João Victor; Notini, Hilton Hostalácio; Rodrigues, Claudia Oliveira da Fontoura (Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2011-03-30)
      This paper has three original contributions. The first is the reconstruction effort of the series of employment and income to allow the creation of a new coincident index for the Brazilian economic activity. The second is ...
    • Coordination failures and slow recoveries in macroeconomics 

      Wong, Victor (2018-05-09)
      Coordination failures are one of the possible reasons why economies suffer during a recession and why they take long time to recover. This work studies a macroeconomic model with endogenous hazard rates that captures in a ...
    • Crédito endogeno e politica monetaria na Argentina e no Chile 

      Andrade, Joaquim Pinto de (Escola de Pós-Graduação em Economia da FGV, 1997-05-22)
      In a general equilibrium Ramsey type model with heterogeneous agents we study the conditions for which a credit restriction can be a source of endogenous cycle to credit and capital.
    • Cyclicality of SME lending and government involvement in banks 

      Behr, Patrick Gottfried; Foos, Daniel; Norden, Lars (2015)
      Recent regulatory efforts aim at lowering the cyclicality of bank lending because of its potential detrimental effects on financial stability and the real economy. We investigate the cyclicality of SME lending by local ...
    • Cyclicality of SME Lending and Government Involvement in Banks 

      Behr, Patrick Gottfried; Foos, Daniel; Norden, Lars (EBAPE - Escola Brasileira de Administração Pública e de Empresas, 2015-11-06)
      Recent regulatory efforts aim at lowering the cyclicality of bank lending because of its potential detrimental effects on financial stability and the real economy. We investigate the cyclicality of SME lending by local ...
    • Entrepreneurship, financial frictions and the welfare gains of business cycles 

      Merlin, Giovanni Tondin (2018-08)
      I propose a simple method to solve a heterogeneous agent model with entrepreneurship, financial frictions and aggregate uncertainty. Aggregate shocks, in this context, induce potential entrepreneurs to save in order to ...
    • Impacto das regulamentações no sistema financeiro: uma análise sobre Basiléia e seus custos implícitos no Brasil 

      Oliveira, Iris (2014-08-08)
      A pesquisa visa entender o impacto das regulamentações no sistema financeiro considerando as teorias sobre ciclos econômicos e contextualizando para a implementação de Basileia 3 no mercado brasileiro em 2013. Para desenvolver ...
    • Novo indicador coincidente para a atividade industrial brasileira 

      Hollauer, Gilberto; Issler, João Victor; Notini, Hilton Hostalácio (Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto da Universidade de São Paulo, 2009-03-01)
      In this paper we perform and evaluate, in sample, some methodologies for building of coincident indicators focusing on the detection of business cycle of the Industrial activity. Specifically, we try a version of coincident ...
    • Previsão de atividade econômica por demanda de fretes 

      Godinho, Artur Dias (2018-08-29)
      Este trabalho busca aprimorar um dos métodos de construção de indicadores coincidentes mais utilizados da atualidade, desenvolvido pelo The Conference Board (TCB). Esses indicadores buscam detectar mudanças no ciclo econômico ...
    • Recessão e desempenho das firmas: uma abordagem multinível de curva de crescimento 

      Goldszmidt, Rafael Guilherme Burstein (2010-12-07)
      This thesis was aimed at studying the determinants of the impact of recessions on the performance of firms. More specifically, it addressed the U.S. recession of 2001. The sample of companies analyzed, taken from Compustat, ...
    • Sovereign default risk and commodity prices 

      Lazzaro, João Guilherme Santos (2017-05-12)
      Country risk is known to be an important driver of emerging economies business cycles. Existing studies of macroeconomics effects of commodities prices on emerging economies' country risk assume an exogenous negative ...
    • Velocidade da moeda, inflação e ciclos de negócios no Brasil, 1900-2013 

      Vieira, Heleno Piazentini (2014-04-22)
      A presente tese é composta por três ensaios. O primeiro ensaio estuda os ciclos de negócios brasileiro no período dos anos 1900 até 2012. Uma série trimestral do PIB real é elaborada, utilizando um modelo estrutural de ...
    • The welfare cost of business cycles for heterogeneous consumers: a state-space decomposition 

      Barros Junior, Fernando Antonio de; Lima Filho, Francisco Luis; Silva, Diego Martins (Economics Bulletin, 2017)
      The main objective of this paper is to measure the welfare costs related to permanent and transitory shocks for heterogeneous consumers. We use data from the Consumer Expenditure Survey (CEX) and compute the average ...