Browsing FGV EPGE - Escola Brasileira de Economia e Finanças by Subject "Econometria"
Now showing items 41-60 of 71
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Information asymmetry and competition in credit markets: the pricing of overdraft loans in Brazil
2005-02-17This paper evaluates how information asymmetry affects the strength of competition in credit markets. A theory is presented in which adverse selection softens competition by decreasing the incentives creditors have for ... -
Is child labor harmful? the impact of working as a child on adult earnings
2005-06-02This paper explores the question: is working as young laborer harmful to an individual in terms of adult outcomes in income? This question is explored through the utilization of a unique set of instruments that control for ... -
Is there a price puzzle in Brazil? an application of bias- corrected bootstrap
2004-12-02Using data from the United States, Japan, Germany , United Kingdom and France, Sims (1992) found that positive innovations to shortterm interest rates led to sharp, persistent increases in the price leveI. The result was ... -
Is there a price puzzle in Brazil? An application of Bias-Corrected Bootstrap
2004-12-01Using data from the United States, Japan, Germany , United Kingdom and France, Sims (1992) found that positive innovations to shortterm interest rates led to sharp, persistent increases in the price level. The result was ... -
Mercado de cerveja no Brasil: um estudo econométrico
2001-12-21O estudo gera estimativas para a perda de Bem-Estar que resulta da estrutura da mercado vigente para o setor de cerveja no Brasil. Através de um modelo econométrico com sistemas de equações simultâneas, colocados sob uma ... -
Modelagem econométrica para forecasting do IFIX
2019Este trabalho buscou desenvolver um modelo econométrico capaz de estimar o comportamento futuro do IFIX. Para tanto foram utilizados 3 modelos, além da combinação entre eles. Por se tratar de previsão de um índice relativamente ... -
Multiple structural change models:a simulation analysis
2000-04-03In a reccnt paper. Bai and Perron (1998) considcrccl theoretical issues relatec\ lo lhe limiting distriblltion of estimators and test. statist.ics in the linear model \\'ith multiplc struct ural changes. \Ve assess. via ... -
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 ... -
Old-age benefits and retirement decisions of rural elderly in Brazil
2002-12-01I estimate the impact of social security benefits on retirement decisions of rural workers by studying changes in the roles governing social security in Brazil. I focus on a 1991 reform, which brought a reduction in the ... -
On the integrability of money-demand functions by the sidrauski and the shopping-time models
2009-01-08This paper investigates which properties money-demand functions must satisfy so that they are consistent with Lucasís [Lucas, R.E., Jr., 2000. Ináation and welfare. Econometrica 68, 247-274] versions of the Sidrauski and ... -
On the optimality of the Friedman Rule with heterogeneous agents and non-linear income taxation
2003-02-11We study the optimal 'inflation tax' in an environment with heterogeneous agents and non-linear income taxes. We first derive the general conditions needed for the optimality of the Friedman rule in this setup. These general ... -
The optimality of the Friedman rule when some distorting taxes are exogenous
2005-05-19This paper investigates the optimality of the Friedman rule in a two-sector small open economy. That policy prescription is found to be a necessary condition for Pareto efficiency. If a planner can select all conceivable ... -
A political-economy theory of trade agreements
2005-02-24 -
Representando o vendedor e a sociedade: mecanismos com dois critérios para leilões combinatórios com demandas unitárias
2005-06-16This work focuses on obtaining truthful mechanisms that aim at maximizing both the revenue and the economic efficiency (social welfare) for the unitdemand combinatorial auction problem (UDCAP), in which a set of k items ... -
Robust monetary policy with the consumption - wealth channel
2005-08-04Robust Monetary Policy with the Consumption - Wealth Channel -
Robustness of stationary tests under long-memory alternatives
2004-04-01This paper investigates the presence of long memory in financiaI time series using four test statistics: V/S, KPSS, KS and modified R/S. There has been a large amount of study on the long memory behavior in economic and ... -
Signaling in political budget cycles: How far are you willing to go?
2002-02-07This paper analyzes how heterogeneity in two dimensions, competency and character, a¤ects political budget cycles. Competency is the e¢ciency in running the government. Character is the degree of opportunism. In this ... -
Social networks and the paradox of voting
2002-05-02 -
Sustainable miracles: protection and competition in the Brazilian oil industry
2005-06-09It is often suggested that competition improves productivity, however, the underlying support for this idea is surprisingly thin. This paper presents a case study examining the e ects of a change in the competitive environment ... -
Testes de características comuns em mercados Latino- Americanos
2000-08-04A partir da bastante difundida metodologia de Cointegração e Características (Features), propõe-se a execução dos testes de Johansen e regressão auxiliar para verificar a existência de Características Comuns de primeira e ...
