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Early childhood education and economic growth
(Escola de Pós-Graduação em Economia da FGV, 2018-10-18)
We study the effects of early childhood skill formation on productivity and schooling. We add early childhood human capital to a standard continuous time life cycle economy and assume complementarity between educational ...
Growth and shared prosperity in Brazil
(Escola de Pós-Graduação em Economia da FGV, 2017-12)
This paper proposes extensions of the idea of shared prosperity and inclusive development. It explores dynamic growth linkages between mean income, inequality and social welfare, on the one hand, and different labor ...
Infrastructure investment and social progress in Brazil
(Escola de Pós-Graduação em Economia da FGV, 2017-12)
This paper draws a broad empirical diagnosis on the evolution of infrastructure coverage in Brazil and potencial social impacts. it focuses on the sectors of sewerage, water, electricity, urban transportation and communication ...
Using common features to investigate common growth cycles for BRICS Countries
(Escola de Pós-Graduação em Economia da FGV, 2017-05-30)
Emerging market economies have historically shown high cyclical volatility when compared to developed economies. Common factor models have been largely used in economics as economic theory suggests that there strong linkages ...
Education quality and returns to schooling: evidence from migrants in Brazil
(Escola de Pós-Graduação em Economia da FGV, 2017-02-08)
We provide a new education quality index for states within a developing country using 2010 Brazilian data. This measure is constructed based on the notion that the financial returns obtained from an additional year of ...
Economic growth and complementarity between stages of human capital
(Fundação Getúlio Vargas. Escola de Pós-Graduação em Economia., 2016-06-29)
We study the impact of the different stages of human capital accumulation on the evolution of labor productivity in a model calibrated to the U.S. from 1961 to 2008. We add early childhood education to a standard continuous ...
Educação infantil, distorções e crescimento econômico
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2014-09-29)
Este artigo incorpora educação infantil a um modelo de equilíbrio geral dinâmico para estudar a redução acelerada dos diferenciais educacionais entre países da África Subsaariana e países europeus em um período - 1960 e ...
On the welfare costs of business-cycle fluctuations and economic-growth variation in the 20th century and beyond
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2013-11-04)
The main objective of this paper is to propose a novel setup that allows estimating separately the welfare costs of the uncertainty stemming from business-cycle uctuations and from economic-growth variation, when the two ...
On the welfare costs of business-cycle fluctuations and economic-growth variation in the 20th century
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2012-10-17)
Lucas(1987) has shown a surprising result in business-cycle research: the welfare cost of business cycles are very small. Our paper has several original contributions. First, in computing welfare costs, we propose a novel ...
Constructing coincident and leading indices of economic activity for the Brazilian economy
(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 ...
