Itens para a visualização no momento 1-3 of 3

    • 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 ...
    • Endogenous time-dependent rules and inflation inertia 

      Bonomo, Marco Antônio Cesar; Carvalho, Carlos Viana de
      2004
      In this paper, we endogenize fixed price time-dependent rules to examine the output effects of monetary disinflation. We derive the optimal rules in and out of inflationary steady states, and develop a methodology to ...
    • Generalized disappointment aversion, long-run volatility risk, and asset prices 

      Bonomo, Marco Antônio Cesar; Garcia, René; Meddahi, Nour; Tédongap, Roméo
      2011
      We propose an asset pricing model with generalized disappointment aversion preferences and long-run volatility risk. With Markov switching fundamentals, we derive closed-form solutions for all returns moments and predictability ...