Browsing FGV EPGE - Ensaios Econômicos by Author "Maldonado, Wilfredo Fernando Leiva"
Moreira, Humberto Ataíde; Maldonado, Wilfredo Fernando Leiva
2002-09-01A contractive method for computing stationary solutions of intertemporal equilibrium models is provide. The method is is implemented using a contraction mapping derived from the first-order conditions. The deterministic ...
Inflation and income inequality: a shopping-time aproach: (Forthcoming, Journal of Development Economics) Cysne, Rubens Penha; Maldonado, Wilfredo Fernando Leiva; Monteiro, P. K.
2004-09-01Our work is based on a simpliÖed heterogenous-agent shoppingtime economy in which economic agents present distinct productivities in the production of the consumption good, and di§erentiated access to transacting assets. ...
Araújo, Aloísio Pessoa de; Maldonado, Wilfredo Fernando Leiva
2001-05-01In this paper we prove convergence to chaotic sunspot equilibrium through two learning rules used in the bounded rationality literature. The rst one shows the convergence of the actual dynamics generated by simple adaptive ...