Browsing FGV EPGE - Seminários de Pesquisa Econômica by Subject "Ações (Finanças) - Preços"

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The effects of government deficit on equilibrium real exchange rates and stock prices

Moura, Marcelo
2003-05-15

This paper studies the effect of government deficits on equilibrium real exchange rates and stock prices. The theoretical part modifies a two-country cash-in-advance model like used in Lucas(1982) and Sargent(1987) in order ...
Macroeconomic announcements, price discovery, and order flow efects in the stock market: evidence from incomplete data and multiple financial markets

Gonzalo Rangel, José
2006-03-06

This paper investigates heterogeneity in the market assessment of public macro- economic announcements by exploring (jointly) two main mechanisms through which macroeconomic news might enter stock prices: instantaneous ...