Listagem FGV EPGE - Seminários de Pesquisa Econômica por data do documento
Itens para a visualização no momento 61-80 of 427
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Welfare and fiscal policy with public goods and infrastructure
1995-05-18We construct and simulate a model to study the welfare and macroeconomic impact of government actions when its productive role is taken into account. The trade-off between public investment and public consumption is also ... -
Especulative (sic) attack on exchange rate target zone regime : the uncertainty case
1995-05-25We present a continuous time target zone model of speculative attacks. Contrary to most of the literature that considers the certainty case, i.e., agents know for sure the Central Bank behavior in the future, we build ... -
Infraestrutura de telecomunicação e difusão de tecnologias da informação no Brasil
1995-06-08Brazil's erratic economic growth in the 80's has taken its toll on telecommunications irifrastructure. Although investment in telecommunications infrastructure has recently recovered, quality of data and voice transmission ... -
General equilibrium model with restricted participation in financial markets
1995-07-20The paper analyses a general equilibrium model with financiaI markets in which households may face restrictions in trading financiaI assets such as borrowing constraints and collateral (restricted participation model). ... -
The role of profits in wage determination: evidence from US manufacturing
1995-07-27We estimate the effect of firms' profitability on wage determination for the American economy. Two standard bargaining models are used to illustrate the problems caused by the endogeneity of profits-per-worker in a real ... -
Estrategia de ajustamento ao choque do petroleo
1995-08-03 -
Toward a theory of international currency : a step further
1995-09-06We generalize the two-country, two-currency model of Matsuyama, Kiyotaki and Matsui to resolve two 'shortcomings' in their approach. First, we endogenize prices and excb.ange rates. Second, we introduce monetary policy. ... -
Sources of payments practices rigidity
1995-09-21This paper studies the joint determination of the wage payments period between firms and employees. The aggregate timeseries analysis reaches two conclusions: a) the average payments period keep an equilibrium relationship ... -
A distribuição interestadual da renda no Brasil
1995-11-09 -
Stabilization, volatility and the equilibrium real exchange rate
1995-11-23In a general equilibrium model. we show that the value of the equilibrium real exchange rate is affected by its own volatility. Risk averse exporters. that make their exporting decision before observing the realization of ... -
Multivariate unit root tests
1995-12-07A new multivariate test for the detection ofunit roots is proposed. Use is made ofthe possible correlations between the disturbances of difIerent series, and constrained and unconstrained SURE estimators are employed. The ... -
Balance of payment crises and capital flows : the role of liquidity
1996-01-23A model of externaI CrISIS is deveIoped focusing on the interaction between Iiquidity creation by financiaI intermediaries and foreign exchange collapses. The intermediaries' role of transforming maturities is shown to ... -
The impact on the stationary state income of a pay-as-you-go system of social security
1996-02-01A model of overlapping generations in continuous time is composed. IndividuaIs pass through two distinct time periods during their life times. During the first period, they work, save and have a death probability equal to ...
