Now showing items 1-2 of 2

    • The macroeconomic effects of infrequent information with adjustment costs 

      Bonomo, Marco Antônio Cesar; Garcia, René (Escola de Pós-Graduação em Economia da FGV, 2000-05-01)
      We extend the macroeconomic literature on Sstype rules by introducing infrequent information in a kinked ad justment cost model. We first show that optimal individual decision rules are both state-and -time dependent. We ...
    • Tests of conditional asset pricing models in the brazilian stock market 

      Bonomo, Marco Antônio Cesar; Garcia, René (Escola de Pós-Graduação em Economia da FGV, 1999-07)
      In this paper, we test a version of the conditional CAPM with respect to a local market portfolio, proxied by the Brazilian stock index during the period 1976-1992. We also test a conditional APT modeI by using the difference ...