Listagem FGV EPGE - Ensaios Econômicos por autor "Issler, João Victor"
Itens para a visualização no momento 61-80 of 85
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On the welfare costs of business-cycle fluctuations and economic-growth variation in the 20th century
2012-02-28Lucas (1987) has shown a surprising result in business-cycle research: the welfare cost of business cycles are very small. Our paper has several original contributions. First, in computing welfare costs, we propose a novel ... -
On the welfare costs of business-cycle fluctuations and economic-growth variation in the 20th century and beyond
2013-11-04The main objective of this paper is to propose a novel setup that allows estimating separately the welfare costs of the uncertainty stemming from business-cycle uctuations and from economic-growth variation, when the two ... -
A panel data approach to economic forecasting: the bias-corrected average forecast
2007-09-01In this paper, we propose a novel approach to econometric forecasting of stationary and ergodic time series within a panel-data framework. Our key element is to employ the (feasible) bias-corrected average forecast. Using ... -
A panel data approach to economic forecasting: the bias-corrected average forecast
2007-01-01In this paper, we propose a novel approach to econometric forecasting of stationary and ergodic time series within a panel-data framework. Our key element is to employ the bias-corrected average forecast. Using panel-data ... -
A panel data approach to economic forecasting: the bias-corrected average forecast
2008-01-01In this paper, we propose a novel approach to econometric forecasting of stationary and ergodic time series within a panel-data framework. Our key element is to employ the (feasible) bias-corrected average forecast. Using ... -
Previsões de M1 com dados mensais
1993-09 -
Principais características do consumo de duráveis no Brasil testes de separabilidade entre duráveis e não-duráveis
2004-06-01Estre trabalho investiga amplamente a evolução do consumo de bens duráveis no Brasil a partir da decisão de consumo individual e da possibilidade de existir restrição ao crédito. A contribuição mais relevante consiste na ... -
Public debt sustainability and endogenous seigniorage in Brazil: time-series evidence from 1947-92: revised version
1998-12-01Using national accounts data for the revenue-GDP and expenditureGDP ratios from 1947 to 1992, we examine three central issues in public finance. First, was the path of public debt sustainable during this period? Second, ... -
Public debt sustainability and endogenous seignorage in Brazil: time-series evidence from 1947-92
1997-06Using national accounts data for the revenue-GDP and expenditure GDP ratios from 1947 to 1992, we examine two central issues in public finance. First, was the path of public debt sustainable during this period? Second, if ... -
Racionalidade e previsibilidade no mercado brasileiro de ações: uma aplicação de modelos de valor presente
2001-04-01Utilizando dados financeiros brasileiros do Ibovespa, testa-se a validade dos modelos de valor presente (MVP) no mercado de ações. Estes modelos relacionam o preço de uma ação ao seu fluxo de caixa futuro esperado (dividendos) ... -
A stochastic discount factor approach to asset pricing using panel data
2006-11-01Using the Pricing Equation, in a panel-data framework, we construct a novel consistent estimator of the stochastic discount factor (SDF) mimicking portfolio which relies on the fact that its logarithm is the ìcommon ... -
A stochastic discount factor approach to asset pricing using panel data asymptotics
2011-05-27Using the Pricing Equation in a panel-data framework, we construct a novel consistent estimator of the stochastic discount factor (SDF) which relies on the fact that its logarithm is the 'common feature' in every asset ... -
Testing consumption optimality using aggregate data
2014-06-02The objective of this paper is to test for optimality of consumption decisions at the aggregate level (representative consumer) taking into account popular deviations from the canonical CRRA utility model rule of thumb and ... -
Testing consumption optimality using aggregate data
2014-09-10This paper tests the optimality of consumption decisions at the aggregate level taking into account popular deviations from the canonical constant-relative-risk-aversion (CRRA) utility function model-rule of thumb and ... -
Testing production functions used in empirical growth studies
2002-03-01We estimate and test two alternative functional forms representing the aggregate production function for a panel of countries: the extended neoclassical growth model, and a mincerian formulation of schooling-returns to ... -
Testing production functions used in empirical growth studies
2003-10-11We estimate and test two alternative functional forms, which have been used in the growth literature, representing the aggregate production function for a panel of countries: the model of Mankiw, Romer and Weil (Quarterly ... -
Testing the externalities hypothesis of endogenous growth using cointegration
1994-04The initial endogenous growth models emphasized the importance of externaI effects in explaining sustainable growth across time. Empirically, this hypothesis can be confirmed if the coefficient of physical capital per hour ... -
Testing the optimality of aggregate consumption decisions: is there rule-of-thumb behavior?
2009-02-15Consumption is an important macroeconomic aggregate, being about 70% of GNP. Finding sub-optimal behavior in consumption decisions casts a serious doubt on whether optimizing behavior is applicable on an economy-wide scale, ... -
Time-series properties and empirical evidence of growth and infraestructure: revised version
1998-09After more than forty years studying growth, there are two classes of growth models that have emerged: exogenous and endogenous growth models. Since both try to mimic the same set of long-run stylized facts, they are ...
