Now showing items 1-4 of 4

    • O comunicado do Banco Central 

      Cabral, Rodolfo Arruda; Guimarães, Bernardo de Vasconcellos
      2015-09-01
      This paper studies how the Brazilian Central Bank's statements about its monetary policy decision affect asset prices. The qualitative content of each note is translated into an ordered scale. The statement contains ...
    • Qualis as a measuring stick for research output in economics 

      Guimarães, Bernardo de Vasconcellos
      2011-03-04
      Qualis is the set of procedures officially used for evaluating research output in Brazil. This paper asks whether Qualis provides a good measuring stick for economic research published in international journals. The answer ...
    • Time-dependent or state-dependent pricing?: evidence from a large devaluation 

      Guimarães, Bernardo de Vasconcellos; Feltrin Junior, Celio
      2016-11-01
      State-dependent and time-dependent price setting models yield distinct implications for how frequency and magnitude of price changes react to shocks. This note studies pricing behavior in Brazil following the large devaluation ...
    • Time-dependent or state-dependent pricing?: evidence from firms' response to inflation shocks 

      Guimarães, Bernardo de Vasconcellos; Mazini, André Chaves; Prince, Diogo de
      2016-03-10
      This paper proposes a test for distinguishing between time-dependent and state-dependent pricing based on whether the timing of pricing changes is affected by realized or expeted inflation. Using Brazilian data and exploring ...