Listagem FGV EPGE - Seminários de Pesquisa Econômica por Assunto "Econometria"
Itens para a visualização no momento 21-34 of 34
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On the optimality of the Friedman Rule with heterogeneous agents and non-linear income taxation
2003-02-11We study the optimal 'inflation tax' in an environment with heterogeneous agents and non-linear income taxes. We first derive the general conditions needed for the optimality of the Friedman rule in this setup. These general ... -
The optimality of the Friedman rule when some distorting taxes are exogenous
2005-05-19This paper investigates the optimality of the Friedman rule in a two-sector small open economy. That policy prescription is found to be a necessary condition for Pareto efficiency. If a planner can select all conceivable ... -
A political-economy theory of trade agreements
2005-02-24 -
Representando o vendedor e a sociedade: mecanismos com dois critérios para leilões combinatórios com demandas unitárias
2005-06-16This work focuses on obtaining truthful mechanisms that aim at maximizing both the revenue and the economic efficiency (social welfare) for the unitdemand combinatorial auction problem (UDCAP), in which a set of k items ... -
Robust monetary policy with the consumption - wealth channel
2005-08-04Robust Monetary Policy with the Consumption - Wealth Channel -
Signaling in political budget cycles: How far are you willing to go?
2002-02-07This paper analyzes how heterogeneity in two dimensions, competency and character, a¤ects political budget cycles. Competency is the e¢ciency in running the government. Character is the degree of opportunism. In this ... -
Social networks and the paradox of voting
2002-05-02 -
Sustainable miracles: protection and competition in the Brazilian oil industry
2005-06-09It is often suggested that competition improves productivity, however, the underlying support for this idea is surprisingly thin. This paper presents a case study examining the e ects of a change in the competitive environment ... -
Testing covariance stationarity
2005-10-27In this paper, we show that the widely used stationarity tests such as the KPSS test has power close to size in the presence of time-varying unconditional variance. We propose a new test as a complement of the existing ... -
Testing for super-exogeneity in the presence of common deterministic shifts
2001-11-22This paper introduces the concept of common deterministic shifts (CDS). This concept is simple, intuitive and relates to the common structure of shifts or policy interventions. We propose a Reduced Rank technique to ... -
To cointegrate or not to cointegrate? That's a topological question
1997-10-16We show that for any multivariate I( 1) process which does not cointegrate, it is possible to find another process sufficient1y elose to it where cointegration applies. Closeness is defined in terms of the spectral density ... -
Two heads may not be better than one : corporate board structure, managerial self-dealing,and common agency
2004-09-16This paper compares the effects on corporate performance and managerial self-dealing in a situation in which the CEO reports to a single Board that is responsible for both monitoring management and establishing performance ... -
A unit root test based on partially adaptive estimation
2003-09-11This paper constructs a unit root test baseei on partially adaptive estimation, which is shown to be robust against non-Gaussian innovations. We show that the limiting distribution of the t-statistic is a convex combination ...
