In this paper a competi tive general equilibrium model is used to investigate the welfare and long run allocation impacts of privatization. There are two types of capital in this model economy, one private and the other ...

The role of judicial systems in determining economic perfonnance has gained increasingly attention in recent years. Nonetheless, the literature lacks a clearly articulated framework to examine how judicial systems influence ...

We propose mo deIs to analyze animal growlh data wilh lhe aim of eslimating and predicting quanlities of Liological and economical interest such as the maturing rate and asymptotic weight. lt is also studied lhe effect of ...

In a general equilibrium Ramsey type model with heterogeneous agents we study the conditions for which a credit restriction can be a source of endogenous cycle to credit and capital.

Single ownership of natural resources is conunon in many developing countries and socialist economies. The sole owner is usually the .state or society at large, and governments are responsible for either distributing ...

The paper analysis a general equilibrium model with two periods, several households and a government that has to finance some expenditures in the first period. Households may have some private information either about their ...

A utilização de modelos de equilíbrio geral computável, nos últimos anos, tem sido um dos principais instrumentos utilizado por economistas para melhor entender as consequências macroeconômicas da privatização dos sistemas ...

This paper examines the relevance of market timing as a motive for initial public offerings (IPOs) by comparing IPOs of firms that are members of Japanese keiretsu industrial groups with IPOs of independent Japanese firms. ...