Browsing FGV EPGE - Escola Brasileira de Economia e Finanças by Author "Flôres Junior, Renato Galvão"
Now showing items 21-40 of 43
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Government actions to support coffee producers - an investigation of possible measures from the European Union
2002-04-01We outline possible actions to be adopted by the European Union to ensure a better share of total coffee revenues to producers in developing countries. The way to this translates, ultimately, in producers receiving a fair ... -
Introducing higher moments in the CAPM: some basic ideas
1999-11-01We show how to include in the CAPM moments of any order, extending the mean-variance or mean-variance-skewness versions available until now. Then, we present a simple way to modify the formulae, in order to avoid the ... -
Investimento direto estrangeiro no Mercosul: uma visão geral
2005-08-01Esse texto aborda, sob uma visão abrangente, a questão do investimento direto estrangeiro (IDE) no Mercosul. Discute, de início, duas medidas de base, imprescindíveis para se pensar em termos sérios o investimento direto, ... -
Is China a Northern Partner to Mercosul?
2006-06-01We contrast Free Trade Areas involving Mercosul and the EU25, the US and China, respectively, using a new CGE model and associated database. Roughly, the China FTA lies halfway the other two, a bias towards the US pattern ... -
O método generalizado dos momentos (MGM): conceitos básicos
2003-11-01This text presents the basic properties of the Generalised Method of Moments (GMM). It makes for a chapter of a work (textbook) in progress. -
Monetary union and productivity differences in mercosur countries
2004-04-01This paper investigates cross-country productivity convergence among Mercosur members plus associates (Chile and Bolivia) and Peru, during the period 1960-1999. The testing strategy is based on the definitions of time-series ... -
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 ... -
On certain geometric aspects of portfolio optimisation with higher moments
2002-08-05We discuss geometric properties related to the minimisation of a portfolio kurtosis given its first two odd moments, considering a risk-less asset and allowing for short sales. The findings are generalised for the minimisation ... -
On the use (fulness) of CGE modelling in trade negotiations and policy
2004-08This paper discusses a series of issues related to the use and different possible applications of CGE modelling in trade negotiations. The points addressed range from practical to methodological questions: when to use the ... -
Output convergence in Mercosur: multivariate time series evidence
2003-10-28The aim of this paper is to provide evidence on output convergence among the Mercosur countries and associates, using multivariate time-series tests. The methodology is based on a combination of tests and estimation ... -
Processus stochastiques en finance (1ère partie)
1996-11Ce document est un texte didactique destiné aux étudiants et aux chercheurs en économétrie et en finance. 11 est basé sur l'expérience des auteurs en cours de maitrise et troisieme cycle dans les deux côtés de I' Atlantique: ... -
Processus stochastiques en finance (2ème partie)
1996-11Ce document est un texte didactique destiné aux étudiants et aux chercheurs en économétrie et en finance. Il est basé sur l'expérience des auteurs en cours de troisieme cycle à l'ULB, Bruxelles et à la FGVIEPGE, Rio. Il ... -
Stochastic growth and monetary policy: the impacts on the term structure of interest rates
2001-04-01This paper builds a simple, empirically-verifiable rational expectations model for term structure of nominal interest rates analysis. It solves an stochastic growth model with investment costs and sticky inflation, susceptible ... -
To cointegrate or not to cointegrate? That's a topological question
1997-10-16We show that for any multivariate I( 1) process which does not cointegrate, it is possible to find another process sufficient1y elose to it where cointegration applies. Closeness is defined in terms of the spectral density ... -
Trade and infrastructure: evidences from the Andean Community
2005-03-08This paper presents evidence on the key role of infrastructure in the Andean Community trade patterns. Three distinct but related gravity models of bilateral trade are used. The first model aims at identifying the importance ... -
Trade and poverty in latin american countries: conceptual and methodological challenges
2008-02-28This paper addresses topics - either relevant or confusing or needing more attention - related to measuring the trade and poverty nexus. It sheds a critical light on the existing material and suggests needed research lines. ...
