Browsing FGV EPGE - Ensaios Econômicos by Author "Iachan, Felipe Saraiva"

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    • Capital budgeting and risk taking under credit constraints 

      Iachan, Felipe Saraiva
      2017-10
      Credit constraints generate a hedging motive that extends beyond purely financial decisions by also distorting the selection and operation of real investment projects. We study these distortions through a dynamic model in ...

    • Housing supply in the presence of informality 

      Sant'Anna, Marcelo Castello Branco; Iachan, Felipe Saraiva; Guedes, Ricardo Brito
      We study housing supply in markets where informal housing is common. Using a combination of census and satellite data, we estimate housing supply for more than 90 metropolitan areas in Brazil. We find that widespread ...