FGV EPGE - Seminários de Pesquisa Econômica
Os seminários da EPGE apresentam artigos acadêmicos dos pesquisadores da Escola e de outros centros brasileiros e internacionais.
FGV EPGE - Seminários de Pesquisa Econômica
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Welfare cost of inflation considering adoption decisions and interest-bearing deposits
2007-10Attanasio et al. (JPE, 2002) have used microeconomic data on households to provide new estimates of the welfare costs of infiation using Bailey's unidimensional welfare measure as a basis for their calculations. Such a ... -
Asymmetric auctions and risk aversion within independent private values
2007We study tournaments with many ex-ante asymmetric (heterogeneous) contestants as an independent-private-values all-pay auction. The asymmetry is either with respect to the distribution of valuations for the prize or the ... -
Legal enforcement, collateral and heterogeneity of project financing contracts
2007This paper employs mechanism design to study the effects of imperfect legal enforcement on optimal scale of projects, borrowing interest rates and the probability of default. The analysis departs from an environment that ... -
Barriers to entry and development
2007This paper analyzes the effect of an accountability system in the Brazilian college market. For each discipline, colleges were assigned a grade that depended on the scores of their students on the ENC, an annual mandatory ... -
The effects of accountability on higher education
2007This paper analyzes the effect of an accountability system in the Brazilian college market. For each discipline, colleges were assigned a grade that depended on the scores of their students on the ENC, an annual mandatory ... -
Monetary policy, default risk and the exchange rate
2007In a country with high probability of default, higher interest rates may render the currency less attractive if sovereign default is costly. This paper develops that intuition in a simple model and estimates the effect of ... -
Seminários de pesquisa econômica , 1987
1987Este artigo procura dar continuidade aos trabalhos teóricos escritos nos últimos anos sobre a dinâmica do salario real num regime com reposição total ou parcial do 'pico' prévio e periodicidade fixa. o artigo descreve a ...