Listagem FGV EPGE - Ensaios Econômicos por Assunto "Economia"
Itens para a visualização no momento 21-40 of 704
-
Approximate recursive equilibrium with minimal state space
2013-02-26This paper shows existence of approximate recursive equilibrium with minimal state space in an environment of incomplete markets. We prove that the approximate recursive equilibrium implements an approximate sequential ... -
Aprendizado Evolucionário, Inércia Inflacionária e Recessão em Desinflações Monetárias
2000-11-01Este artigo busca justificar a evidência casual de que desin‡ações monetárias tendem a ser acompanhadas de queda no produto utilizando-se doarcabouç odaTeoriados Jogos Evolucioná rios. A aplicaç ã odeste arcabouç otem oseu ... -
Arbitrage Pricing Theory (APT) e variáveis macroeconômicas: um estudo empírico sobre o mercado acionário brasileiro
1999-04Este trabalho utiliza retornos mensais de 10 portfólios de ações negociadas na Bovespa entre 1987 e 1997, a fim de testar a validade empírica do modelo APT. Foram criadas variáveis macroeconômicas como fatores de variância ... -
Are CGE Models still useful in economic policy making?
2008-02-28This paper develops background considerations to help better framing the results of a CGE exercise. Three main criticisms are usually addressed to CGE efforts. First, they are too aggregate, their conclusions failing to ... -
Are one-sided S,s rules useful proxies for optimal pricing rules?
2000-02-01This 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 ... -
Are price limits on futures markets that cool?: evidence from the Brazilian Mercantile and Futures Exchange
2006-11-01This paper investigates the impact of price limits on the Brazilian futures markets using high frequency data. The aim is to identify whether there is a cool-off or a magnet effect. For that purpose, we examine a tick-by-tick ... -
Aspectos macroeconômicos da entrada de capitais: anais do seminário realizado na Fundação Getulio Vargas no dia 8 de dezembro de 1994
1995-03-01O seminário dividiu-se em dois painéis. Neste segundo, denominado 'Aspectos Macroeconômicos da Entrada de Capitais', objetivava-se fundamentalmente discutir a valorização cambial que se seguiu à política de juros altos e ... -
Assets, markets and poverty in Brazil
2000-03-01This paper establishes a basis of research on the relationship between poverty, resources distribution and assets markets operation. The main objective is to help the implementation of capital enhancing policies towards ... -
The asymmetric behavior of the U.S. public debt
2005-07-01In this paper we re-analyze the question of the U.S. public debt sustainability by using a quantile autoregression model. This modeling allows for testing whether the behavior of U.S. public debt is asymmetric or not. Our ... -
An auction theoretical approach to fiscal wars
2000-12-01I examine a situation where a firm has to choose to locate a new factory in one of several jurisdictions and it depends on the private information held by each jurisdiction. Jurisdiction compete for the location of the new ... -
Avaliação dos impactos macro-econômicos e de bem-estar da reforma tributária no Brasil
2009-05-19Este artigo avalia o impacto sobre a economia brasileira de uma reforma tributária que reduza distorções e cumulatividade, utilizando para tal experimento a atual proposta do Ministério da Fazenda. Utiliza-se um modelo ... -
Bailey's rule for the welfare of inflation: a theoretical foundation
1999-12-01This paper demonstrates that for a very general class of monetary models (the Sidrauski type models and the cash-in-advance models), Bailey’s rule to evaluate the welfare efect of infation is in deed accurate. The result ...
