This paper analyzes the solutions of the canonical and hybrid New Keynesian IS curve difference equation. It shows that the usual forward solution is ruled out because it is at odds with the underlying economic theory. ...

Using firm-level data from an administrative Brazilian dataset, I document a few stylized facts regarding capital stock accumulation patterns and investment decisions. Finding evidence largely in favor of micro-level ...

We propose a new class of performance measures for Hedge Fund (HF) returns based on a family of empirically identifiable stochastic discount factors (SDFs). These SDF-based measures incorporate no-arbitrage pricing ...

This paper develops a structural economic model of the residential sector of an economy. The model features households that are heterogeneous with regard to their income. Given their incomes, households decide how much to ...

We propose to smooth the entire objective function rather than only the check function in a linear quantile regression context. We derive a uniform Bahadur-Kiefer representation for the resulting convolution-type kernel ...

O projeto Congresso em Números consiste no acompanhamento, busca e análise sistemática de grandes bases de dados sobre as atividades desenvolvidas pelo Congresso Nacional em seus mais diferentes aspectos: apresentação, ...

We propose measuring portfolio salience by analyzing paired comparisons data using the Bradley-Terry model. Paired-comparison data are easy to collect using surveys that are userfriendly, rapid, and inexpensive, and we ...

We investigate whether SMEs with demand for credit increase their trade credit usage after they experience a negative shock to bank credit. We base our analysis on a large sample of SMEs from the five biggest European ...

O Projeto Congresso em Números da FGV Direito Rio iniciou suas atividades em 2017 concentrando esforços na identificação, organização e estruturação das bases de dados disponíveis da Câmara dos Deputados e do Senado Federal. ...