Browsing by Author "Araújo, Aloísio Pessoa de"
Now showing items 101-120 of 126
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Pure strategy equilibria of single and double auctions with interdependent values
2009-01We prove the existence of monotonic pure strategy equilibrium for many kinds of asymmetric auctions with n bidders and unitary demands, interdependent values and independent types. The assumptions require monotonicity only ... -
Qual capitalização? Qual custo de transição?
2019-02-26 -
Queremos mais favelas?
2005-12-28Economicamente, o problema se assemelha à questão dos imigrantes ilegais nos Estados Unidos. Sua regularização tem a vantagem de incorporar vários cidadãos na economia, de forma mais equitativa com os demais. Por outro ... -
RBE 70th Anniversary Celebration
2018-03-26 -
Recuperou fôlego
2013-06-17 -
Reformas são mais importantes que abertura
2019-04-28 -
Regulating collateral-requirements when markets are incomplete
2012-03In this paper we examine the effects of default and collateral on risk sharing. We assume that there is a large set of assets which all promise a risk less payoff but which distinguish themselves by their collateral ... -
Regulating collateral-requirements when markets are incomplete
2011-05Apresentação do palestrante Aloisio Araujo - FGV EPGE no contexto do evento "Advances in Macroeconomics". Mais informações em: http://eventosepge.fgv.br/pt/evento/105/epge-promove-encontro-internacional-para-debater-os-a ... -
As reservas e o caso de bandas múltiplas
1995-04-01The paper addresses the issue of frequent government interventions in the exchange rate market in the attempt to stabilize the exchange rate. The problem is reduced to a simple comparison between two regimes. In the first ... -
Resgate bancário deve ser feito com dinheiro privado
2013-06-10 -
Risk regulation in Brazil: a general equilibrium model
2006-05-01In the last few years, regulating agencies of many countries, following recommendations of the Basel Committee on Banking Supervision, have compelled financial institutions to maintain minimum capital requirements to cover ... -
Shortcomings of the Brazilian pre-salt auction design
2016-12-01The Brazilian government instituted a new regulatory framework for auctioning pre-salt oil reserves to replace the previous concession regime with a profitshare bidding auction. Motivated by the new rules, we present a ... -
Social welfare analysis in a financial economy with risk regulation
2010In the last years, regulating agencies of many countries in the world have adopted VaR-based risk regulation to control market risk of financial institutions. This paper investigates the consequences of such kind of ... -
Social welfare analysis in a simple financial economy with risk regulation
2007-09-01In the last years, regulating agencies of rnany countries in the world, following recommendations of the Basel Committee, have compelled financiaI institutions to maintain minimum capital requirements to cover market risk. ... -
Speculative attacks on debts and optimum currency area: a welfare analysis
2003-11-14Traditionally the issue of an optimum currency area is based on the theoretical underpinnings developed in the 1960s by McKinnon [13], Kenen [12] and mainly Mundell [14], who is concerned with the benefits of lowering ... -
Speculative attacks on debts, dollarization and optimum currency areas
2002-04-01The purpose of this article is to contribute to the discussion of the financial aspects of dollarization and optimum currency areas. Based on the model of self-fulfilling debt crisis developed by Cole and Kehoe [4], it is ... -
Speculative attacks, openness and crises
2007-09-01In this paper we propose a dynamic stochastic general equilibrium model to evaluate financial adjustments that some emerging market economies went through to overcome external crises during the latest decades, such as ...
