Itens para a visualização no momento 1-4 of 4

    • Agents, econometricians and the identification of rational expectations systems 

      Flôres Junior, Renato Galvão; Szafarz, Ariane
      1994-04-01
      This paper generalises previous results on the identification of rational expectations (r.e.) models, establishing necessary and sufficient conditions on the structural form of static and dynamic models, without specific ...
    • Ergodic Markov equilibrium with incomplete markets and short sales 

      Braido, Luís Henrique Bertolino
      2013
      This paper studies recursive exchange economies with short sales. Agents maximize discounted expected utility. The asset structure is general and includes real securities, infinite-lived stocks, options, and other derivatives. ...
    • Expectativas racionais 

      Simonsen, Mario Henrique
      1981-11-02
      A combinação da teoria aceleracionista da curva de Phillips com a hipótese de expectativas inflacionárias adaptativas, conseguiu decifrar um dos mais perturbadores enigmas da macroeconomia neoclássica: porque a prosperidade ...
    • Rational expectations, income policies and game theory 

      Simonsen, Mario Henrique
      1986-11-02
      Rational expectations are viewed as a Nash equilibrium of a game. If a change of regime occurs, it is argued that it is very unlikely that the economy is going to achieve the new equlibrium at once. In fact, one can show ...