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Optimal Mirrleesian taxation in non-competitive labor markets
(Escola de Pós-Graduação em Economia da FGV, 2015-12)
We study optimal labor income taxation in non-competitive labor markets. Firms offer screening contracts to workers who have private information about their productivity. A planner endowed with a Paretian social welfare ...
Estimating Brazilian monthly GDP: a state-space approach
(Escola de Pós-Graduação em Economia da FGV, 2015-11-30)
The first contribution of this paper is to employ a superior interpolation method that enables to estimate, nowcast and forecast monthly Brazilian GDP for 1980-2012 in an integrated way; see Bernanke, Gertler and Watson ...
Os efeitos macroeconômicos das transferências sociais: uma abordagem de matriz de contabilidade social
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2015-11-10)
Government transfers to individuals and families play a central role in the Brazilian social protection system, accounting for almost 14 per cent of GDP in 2009. While their fiscal and redistributive impacts have been ...
Impactos de Incentivos Financeiros sobre o Desempenho Escolar: Evidências do Programa Cartão Família Carioca
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2015-11-10)
This study evaluates the program Cartão Família Carioca (CFC) conducted in the municipality of Rio de Janeiro, Brazil. Through the use of administrative data, we estimate the impact of financial incentives introduced by ...
O novo federalismo social e o Rio: desenho de programas complementares de transferência de renda condicionada
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2015-11-10)
Brazilian public policy entered in the so-called new social federalism through its conditional cash transfers. States and municipalities can operate together through the nationwide platform of the Bolsa Familia Program ...
Microinsurance: income risk, social security and the demand for private onsurance by low-income families
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2015-11-10)
Insurance provision against uncertainties is present in several dimensions of peoples´s lives, such as the provisions related to, inter alia, unemployment, diseases, accidents, robbery and death. Microinsurance improves ...
The long-term effects of conditional cash transfers on child labor and school enrollment
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2015-08-11)
This paper investigates the long-term e ects of conditional cash transfers on school attainment and child labor. To this end, we construct a dynamic heterogeneous agent model, calibrate it with Brazilian data, and introduce ...
Life Cycle Models, Heterogeneity of Initial Assets,and Wealth Inequality
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2015-07-07)
Life cycle general equilibrium models with heterogeneous agents have a very hard time reproducing the American wealth distribution. A common assumption made in this literature is that all young adults enter the economy ...
Consumption-Wealth Ratio and Expected Stock Returns: Evidence from Panel Data on G7 Countries
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2015-07)
Using the theoretical framework of Lettau and Ludvigson (2001), we perform an empirical investigation on how widespread is the predictability of cay {a modi ed consumption-wealth ratio { once we consider a set of important ...
"Método Gauss": inapropriado até no nome
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2015-05-27)
Tal como ressaltado em de Faro e Guerra (2014), tem sido frequente em nossos tribunais, sentenças judiciais determinando que, relativamente ao caso de amortizações de dívidas com prestações constantes, a popular Tabela ...
