Now showing items 81-100 of 247

    • Risk externalities 

      Iachan, Felipe Saraiva; Silva, Dejanir H.
      2018-09-26
      Current analysis of macro-prudential policy has largely focused on excessive leverage and fire sales, while abstracting from firm-level risk and portfolio decisions. We show that these matter for the design of optimal ...
    • Atualizando o debate sobre dirigentes públicos no Brasil 

      Pacheco, Regina Silvia
      2017
      O texto focaliza o tema dos dirigentes públicos no Brasil, considerados como uma categoria específica, recém alçado à agenda de atenção de pesquisadores e governos. Aqui, tradicionalmente, o debate se voltou aos cargos de ...
    • Legal teaching and the reconceptualizing of the state: discussing global law programs 

      Ghirardi, José Garcez
      2019
      Globalization has made traditional readings of the State deeply problematical. The vanishing of old frontiers and the building of new walls, which characterize the so-called new global order, have become the object of ...
    • Desenvolvimento territorial rural em perspectiva comparada: Brasil e Argentina 

      Kronemberger, Thais Soares; Guedes, Cezar Augusto Miranda; Tenório, Fernando Guilherme
      2017
      No meio rural, o enfoque territorial do desenvolvimento foi adotado em países latino-americanos com a finalidade de oferecerem soluções inovadoras às políticas setoriais e aos desafios da sociedade e da economia, tais como ...
    • Institutional specialization 

      Guimarães, Bernardo de Vasconcellos; Sheedy, Kevin D.
      2019-01
      This paper presents a theory of institutional specialization in which some countries uphold the rule of law while others choose extractive institutions, even though they are ex-ante identical.This is borne out of two key ...
    • Price discovery and market microstructure noise 

      Fernandes, Marcelo; Dias, Gustavo Fruet; Scherrer, Cristina Mabel
      2019-01-21
      Using a continuous-time price discovery model, we show that the standard econometric framework typically yields inconsistent estimates of the price discovery measures in the presence of market microstructure noise due the ...
    • Matching estimators with few treated and many control observations 

      Ferman, Bruno
      2018-09
      We analyze the properties of matching estimators when there are few treated, but many control observations. We show that, under standard assumptions, the nearest neighbor matching estimator for the average treatment effect ...
    • Demand for trucks in brazil: an econometric approach 

      Manfredini, Gonçalves
      2018
      The demand for trucks in Brazil has historically been an unusual choice for econometric analysis, resulting in a scarcity of studies on this subject, inconsistent with the economic relevance of road freight transport and ...
    • The choice channel of financial innovation 

      Iachan, Felipe Saraiva; Nenov, Plamen T.; Simsek, Alp
      2018-11-15
      Financial innovation in recent decades has expanded portfolio choice. We investigate how greater choice a¤ects investors.savings and asset returns. We establish a choice channel by which greater portfolio choice increases ...
    • Preferential trade agreements and global sourcing 

      Ornelas, Emanuel; Turner, John L.; Bickwit, Grant
      2019-07-01
      We study how a preferential trade agreement (PTA) affects international sourcing decisions, aggregate productivity and welfare under incomplete contracting and endogenous matching. Contract incompleteness implies ...
    • On the road to social mobility? affirmative action and major choice 

      Estevan, Fernanda; Gall, Thomas; Morin, Louis-Philippe
      2019-06-14
      Around the world, students from a disadvantaged background are underrepresented in prestigious and lucrative fields of study, such as medicine and STEM. We know little about whether universities can affect individuals' ...
    • Commodity price shocks and misattribution of responsibility for the economy: observational and experimental evidence 

      Campello, Daniela; Zucco Jr., Cesar
      2018-07-11
      This paper examines correction of misattribution bias in the context of retrospective voting. We first report observational evidence from Brazil and Ecuador that is compatible with the existence of misattribution bias (i.e. ...
    • Efeitos de pares em active learning: explorando alocação exógena de grupos 

      Lima, Vinicius Gomes de; Ponczek, Vladimir Pinheiro; Tavares, Priscilla de Albuquerque
      2018
      This paper investigates peer effects in higher education in an environment of active learning that gives great importance for students' interaction through group work. Our empirical strategy uses exogenous variation in ...
    • Is the new keynesian is curve forward looking? 

      Barbosa, Fernando de Holanda
      2018-04-27
      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. ...
    • Optimal selling mechanisms under moment conditions 

      Carrasco, Vinicius; Luz, Vitor Farinha; Kos, Nenad; Messner, Matthias; Monteiro, P. K.; Moreira, Humberto Ataíde
      2017-04-08
      We study the revenue maximization problem of a seller who is partially informed about the distribution of buyer's valuations, only knowing its first N moments. The seller chooses the mechanism generating the best revenue ...
    • A critical assessment of Brazilian manufacturing competitiveness in foreign markets 

      Cyrino, Álvaro Bruno; Parente, Ronaldo Couto; Dunlap, Denise; Góes, Bruno B. de
      2017
      Purpose – This study aims to examine the competitiveness of firms operating in the emerging economy of Brazil. This study examines the current perception of Brazilian business leaders regarding the level of competitiveness ...
    • Nonparametric assessment of hedge fund performance 

      Almeida, Caio Ibsen Rodrigues de; Ardison, Kym; Garcia, René
      2018-04-23
      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 ...
    • Symbolic megaprojects: historical evidence of a forgotten dimension 

      Rego, Marcos Lopez; Irigaray, Hélio Arthur; Chaves, Renato Lago Pereira
      2018
      By combining an historical analysis of three megaprojects and an organizational theory approach based on the notion of symbolism-intensive organizations, this research attempts to shed light on how symbols are constructed, ...
    • Automatic indexing and ontologies: the consistency of the research chronology and authoring in the scope of Information Science 

      Simões, Maria da Graça de Melo; Machado, Luís Miguel Oliveira; Souza, Renato Rocha; Almeida, Maurício Barcellos; Lopes, António Tavares
      2018
      An alternative to minimize the semantic gap in automatic indexing systems is to make use of knowledge organization systems, like ontologies. Given that these two operational concepts are subjects of study in Information ...