Itens para a visualização no momento 1-12 of 12

    • Enriching information to prevent bank runs 

      Cavalcanti, Ricardo de Oliveira; Monteiro, Paulo Klinger
      2011-05
      Apresentação do palestrante Ricardo Cavalcanti - FGV EPGE no contexto do evento "Advances in Macroeconomics". Mais informações em: http://eventosepge.fgv.br/pt/evento/105/epge-promove-encontro-internacional-para-debater- ...
    • Enriching information to prevent bank runs 

      Cavalcanti, Ricardo de Oliveira; Monteiro, Paulo Klinger
      2011-07-27
      Sequential service in the banking sector, as modeled by Diamond and Dybvig (1983), is a barrier to full insurance and potential source of financial fragility against which deposit insurance is infeasible (Wallace, 1988). ...
    • O impacto dos gastos com publicidade nas vendas das firmas: avaliação empírica. 

      Pinto, André Luiz Mofato; Cavalcanti, Ricardo de Oliveira; Pinheiro, Maurício Canêdo; Moura, Rodrigo Leandro de
      2013
      This study aims to estimate an empirical model to relate spending on advertising revenues of firms, in order to serve as a tool for decision making, for it will study a case of telecommunications industry. The communication ...
    • Inflação, estagnação e incerteza: teoria e experiência brasileira 

      Cavalcanti, Ricardo de Oliveira
      1990-01-25
    • A monetary mechanism for sharing capital: Diamond and Dybvig meet Kiyotaki and Wright 

      Cavalcanti, Ricardo de Oliveira
      2003-03-24
      A model is presented in which banks accept deposits of fiat money and intermediate capital. Alt though theories about the coexistence of money and credit are inherently difficult, the model offers a simple explanation for ...
    • A monetary mechanism for sharing capital: Diamond and Dybvig meet Kiyotaki and Wright 

      Cavalcanti, Ricardo de Oliveira
      2002-05-23
      Historically, payment systems and capital intermediation interact. Friedman (1959), and many observers of bank instabilities, have ad- vocated separating depositary from credit institutions. His proposal meets today an ...
    • Money with Bank Networks 

      Cavalcanti, Ricardo de Oliveira; Forno, Henrique Dezemone
      2004-06-01
      We allow banks to choose between two networks in a simple version of the Cavalcanti and Wallace (1999) model of inside money. Members of a network have access to credit but must redeem banknotes issued by other members in ...
    • New models of old(?) payment questions 

      Cavalcanti, Ricardo de Oliveira; Wallace, Neil
      2006-09-01
      Is private money feasible and desirable? In its absence, is there a central bank policy that partially or fully substitutes for private money? In this paper, some recent modeling ideas about how to address these questioned ...
    • A note on convergence of Peck-Shell and Green-Lin mechanisms in the Diamond-Dybvig model 

      Cavalcanti, Ricardo de Oliveira; Bertolai, Jefferson Donizeti Pereira; Monteiro, P. K.
      2011-07-27
      We study the effects of population size in the Peck-Shell analysis of bank runs. We find that a contract featuring equal-treatment for almost all depositors of the same type approximates the optimum. Because the approximation ...
    • RBE 70th Anniversary Celebration 

      Cavalcanti, Ricardo de Oliveira; Araújo, Aloísio Pessoa de
      2018-03-26
    • Some benefits of cyclical monetary policy 

      Cavalcanti, Ricardo de Oliveira; Nosal, Ed
      2005-10-01
      In this paper, we present a simple random-matching model of seasons, where di§erent seasons translate into di§erent propensities to consume and produce. We Önd that the cyclical creation and destruction of money is beneÖcial ...