Now showing items 1-9 of 9

    • Are one-sided S,s rules useful proxies for optimal pricing rules? 

      Bonomo, Marco
      2000-05-01
      This article is motivated by the prominence of one-sided S,s rules in the literature and by the unrealistic strict conditions necessary for their optimality. IT aims to assess whether one-sided pricing rules could be an ...
    • Ciclos e estratégia 

      Bertero, Carlos Osmar
      2006-10-03
      Ciclos econômicos são períodos caracterizados por crescimento ou recesso da economia de um país ao longo de um determinado período do tempo. Representam, para as empresas, oportunidades ou grandes ameaças. Por esse motivo, ...
    • Common cycles and the importance of transitory shocks to macroeconomic aggregates 

      Issler, João Victor; Vahid, Farshid
      2001-06
      Although there has been substantial research using long-run co-movement (cointegration) restrictions in the empirical macroeconomics literature, little or no work has been done investigating the existence of short-run ...
    • Custo das flutuações econômicas após o plano real 

      Barros Junior, Fernando Antonio de; Pinho Neto, Valdemar Rodrigues de
      2016
      In this paper, we calculated the cost of economic fluctuations in Brazil. Using quarterly data from real per capita consumption between the beginning of Plano Real and the third quarter of 2013, we computed the cost of ...
    • Economic reforms and cycles of state intervention 

      Bresser-Pereira, Luiz Carlos
      1993-08
      This paper views recent programs of ''state-shrinking'' within a long-term cyclical perspective. It argues that the recent ''crisis of the state'' in Latin America and Eastern Europe is a product of the excessive and ...
    • Electoral cycles through lobbying 

      Bonomo, Marco Antônio Cesar; Terra, Maria Cristina T.
      2010
      In this paper, we build a framework where the interplay between the lobby power of special interest groups and the voting power of the majority of the population leads to political business cycles. We apply our setup to ...
    • Estimating common sectoral cycles 

      Engle, R. F.; Issler, João Victor
      1995-02
      We investigate in this paper the degree of short-run and long-run comovement in U.S. sectoral output data by estimating sectoral trends and cycles. A theoretical model based on Long and Plosser (1983) is used to derive a ...
    • Novo indicador coincidente para a atividade industrial brasileira 

      Hollauer, Gilberto; Issler, João Victor; Notini, Hilton Hostalácio
      2009-03-01
      In this paper we perform and evaluate, in sample, some methodologies for building of coincident indicators focusing on the detection of business cycle of the Industrial activity. Specifically, we try a version of coincident ...
    • The welfare cost of business cycles for heterogeneous consumers: a state-space decomposition 

      Barros Junior, Fernando Antonio de; Lima Filho, Francisco Luis; Silva, Diego Martins
      2017
      The main objective of this paper is to measure the welfare costs related to permanent and transitory shocks for heterogeneous consumers. We use data from the Consumer Expenditure Survey (CEX) and compute the average ...