RSS 1.0Congressos / RP
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Brazil in transition: beliefs, leadership, and institutional change
2016-05Brazil is the world’s sixth-largest economy, and for the first three-quarters of the twentieth century was one of the fastest-growing countries in the world. While the country underwent two decades of unrelenting decline ... -
The unexpected outcome of fiscal rules: the fiscal responsibility law and increases in social spending in municipal Brazil
2017Much work has been done on the impact of fiscal rules on fiscal discipline, usually measured as either changes in budget deficits or debt burdens, but there is little comparative research on the impact of such rules on the ... -
On the use of multi-stakeholder governance in institutional crises
2018Institutional crises might affect the credibility of companies but also a specific sector. This study illustrates that organizations purposively engage in multiple partnerships, across different institutional levels, and ... -
Measuring the welfare of intermediaries in vertical markets
2018-12-10We empirically investigate the welfare of intermediaries in oligopolistic markets, where intermediaries offer additional services. We exploit the unique circumstance that, in our empirical setting, consumers can purchase ... -
The role of resource misallocation in structural change
2019-02-27We develop a multi-sector model of economic growth to explain the distinct patterns of structural change in manufacturing sectors in industrialized countries and those in developing and emerging industrial countries. To ... -
Social cryptocurrencies: social finance organizations at the new era of digital community currencies
2018-07-07We proposed an investigation on the emergent phenomenon of cryptocurrencies by studying those with explicit social or environmental goals, that we called social cryptocurrencies. To perform this study, we adopt a socialmaterial ... -
Risk externalities
2018-09-26Current 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
2017O 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
2019Globalization 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
2017No 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
2019-01This 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
2019-01-21Using 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
2018-09We 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
2018The 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
2018-11-15Financial 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 ...
