Browsing FGV EPGE - Ensaios Econômicos by Author "Barelli, Paulo"
Now showing items 1-4 of 4
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A generalization of judds method of out-steady-state comparisons in perfect foresight models
2003-02-01We show that Judd (1982)’s method can be applied to any finite system, contrary to what he claimed in 1987. An example shows how to employ the technic to study monetary models in presence of capital accumulation. -
Inada conditions imply that production function must be asymptotically Cobb-Douglas
2003-03-25We show that every twice-continuously differentiable and strictly concave function f : R+ → R+ can be bracketed between two C.E.S. functions at each open interval. In particular, for the Inada conditions to hold, a production ... -
A model of capital accumulation and rent-seeking
2002-06-01A simple model incorporating rent-seeking into the standard neoclassical model of capital accumulation is presented. It embodies the idea that the performance of an economy depends on the efficiency of its institutions. ... -
A note on Cole and Stockman
2003-04-01
