Browsing Produção Intelectual em Bases Externas by Author "Barelli, Paulo"

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    • On the general equilibrium costs of perfectly anticipated inflation 

      Barelli, Paulo; Pessôa, Samuel de Abreu
      2009
      In monetary models where M0 has no social costs and a positive demand for cash and deposits is taken as a primitive, we show that the compensating variation in endowment is the exact general equilibrium measure of welfare ...

    • Rent-seeking and capital accumulation 

      Barelli, Paulo; Pessôa, Samuel de Abreu
      2012-04
      A general model incorporating rent-seeking activities in the standard neoclassical model of capital accumulation is presented. The welfare of the representative agent is negatively affected by the efficiency of rent-seeking ...