Listagem FGV EPGE - Seminários de Pesquisa Econômica por data do documento
Itens para a visualização no momento 161-180 of 427
-
Convergence in Brazil: recent trends and long run prospects
1999-03-04This paper applies to the analysis of the interstate income distribution in BraziI a set of techniques that have been widely used in the current empirical literature on growth and convergence. Usual measures of dispersion ... -
Convexity in multidimensional mechanism design
1999-03-18The present article initiates a systematic study of the behavior of a strictly increasing, C2 , utility function u(a), seen as a function of agents' types, a, when the set of types, A, is a compact, convex subset of iRm . ... -
Welfare cost of inflation with heterogeneous agents
1999-04-08 -
Uncertainty of aid inflows and the growth relationship
1999-04-15This paper contributes to the literature on aid and economic growth. We posit that it is not the levei of aid flows per se but the stability of such flows that determines the impact of aid on economic growth. Three measures ... -
Dynamics of micro-entrepeneurial activities
1999-04-29This paper generates and organizes stylized facts related to the dynamics of selfemployment activities in Brazil. The final purpose is to help the design of policies to assist micro-entrepreneurial units. The 'first part ... -
Does monetary policy stabilize the exchange rate following a currency crisis?
1999-05-27This paper provides evidence on the relationship between monetary policy and the exchange rate in the aftermath of currency crises. It ana1yzes a large data set of currency crises in 80 countries in the period 1980 to 1998. ... -
Malthus to Solow
1999-06-10A unified growth theory is developed that accounts for the roughly constant living standards displayed by world economies prior to 1800 as well as the growing living standards exhibited by modem industrial economies. Our ... -
Monopolies life cycle, bureaucratization, and Schumpeterian growth
1999-06-17This paper analyzes the links between the internaI organization of firms and macroeconomic growth. We present a Schumpeterian growth model in which firms face dynamic agency costs. These agency costs are due to the formation ... -
On the cost of sympathy : a alternative model of insurance markets
1999-06-24The paper provides an alternative model for insurance market with three types of agents: households, providers of a service and insurance companies. Households have uncertainty about future leveIs of income. Providers, if ... -
Growth,distribution and school policy
1999-07-01This paper investigates the relationship between growth, income inequality, and educational policies. An endogenous growth model is built in which there are two types of labor, skilled and unskilled, and the quality of the ... -
Multiple large shareholders in corporate governance
1999-07-08Large shareholders of firms with majority bIocks are often at the heIm of their companies and do not necessarily have the same interests as minority shareholders. We show that bargaining problems Ied by the presence of ... -
The distribution of male wages in Brazil
1999-07-29This paper examines the evolution of wage inequality in Brazil in the 1980s and 1990s . It tries to investigate the role played by changing economic returns to education and to experience over this period together with the ... -
Bertrand, Cournot and monopolistically competitive equilibria
1999-08Using an example, we study the analogs, for the differentiated product case, of the Cournot and Bertrand equilibria. These equilibria can be shown to exist and be uni que if we impose a sim pie and natural restriction on ... -
An empirical comparison of forward-rate and spot-rate models for valuing interest-rate options
1999-08-12Our main goal is to investigate the question of which interest-rate options valuation models are better suited to support the management of interest-rate risk. We use the German market to test seven spot-rate and forward-rate ... -
Insider trading, investment, and liquidity: a welfare analysis
1999-08-17We compare competitive equilibrium outcomes with and without trading by a privately infonned 'monopolistic' insider, in a model with real investment portfolio choices ex ante, and noise trading generated by aggregate ... -
Improved combinations of parametric and nonparametric Regression estimators
1999-08-18This paper provides a systematic and unified treatment of the developments in the area of kernel estimation in econometrics and statistics. Both the estimation and hypothesis testing issues are discussed for the nonparametric ... -
Demand-pull stagflation
1999-08-19This paper explores the possibility of stagflation emanating exc1usively from monetaJy sbocks, without concurrent supply shocks or shifts in potential output. This arises in connection with a tight money paradox. in the ... -
Is there a general criterion for dynamic efficiency?
1999-08-26This paper analyses an overlapping generations model with absolute bequest motive. It is shown that the widely accepted criterion to verify dynamic efficiency does not apply to this case. In our model the social planner ...
