Browsing FGV EPGE - Ensaios Econômicos by Author "Pessôa, Samuel de Abreu"
Now showing items 1-20 of 35
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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 ... -
O Brasil precisa de política industrial? De que tipo?
2006-10-01Este trabalho discute a conveniência do uso de políticas industrias no Brasil. Argumenta-se que o sucesso dos países do Leste Asiático, muitas vezes relacionado ao uso de política industrial (PI), é resultado principalmente ... -
The costs of education, longevity and the poverty of nations
2003-01-03This paper explores the distortions on the cost of education, associated with government policies and institutional factors, as an additional determinant of cross-country income differences. Agents are finitely lived and ... -
Distortions in the investment goods sector and productivity decline
2014-08-14We study the impact of distortions in the investment goods sector on aggregate total factor productivity (TFP). We develop a two-sector neo-classical growth model in which TFP in the capital goods sector relative to TFP ... -
Economia regional e o mercado de trabalho
1999-09-01 -
The effects of external and internal strikes on total factor productivity
2007-10-01This paper examines structural changes that occur in the total factor productivity (TFP) within countries. It is possible that some episodes of high economic growth or economic decline are associated with permanent ... -
The effects of longevity and distortions on education and retirement
2005-06-02This article studies the impact of longevity and taxation on life-cycle decisions and long-run income. Individuals allocate optimally their total lifetime between education, working and retirement. They also decide at each ... -
Evolução da produtividade total dos fatores na economia brasileira: uma análise comparativa
2003-06-26O objetivo deste artigo é analisar a evolução da produtividade total dos fatores (PTF) para a economia brasileira de 1950 a 2000. Os resultados indicam que a economia brasileira encontrava-se aproximadamente em uma trajetória ... -
The evolution of international output differences (1960-2000): From factors to productivity
2004-06-01This article presents a group of exercises of level and growth decomposition of output per worker using cross-country data from 1960 to 2000. It is shown that at least until 1975 factors of production (capital and education) ... -
The evolution of TFP in Latin America
2006-09-01Due to widespread government intervention and import-substitution industrialization, there has been a general perception that Latin America has always been less productive than the leading economies. In this paper, however, ... -
The evolution of TFP in Latin America: high productivity when distortions were high?
2010-01-07Due to widespread government intervention and import-substitution industrialization, there has been a general presumption that Latin America has been much less productive than the leading economies in the last decades. In ... -
A experiência de crescimento das economias de mercado nos últimos 40 anos
2003-08-19Neste trabalho apresentam-se fatos estilizados que sintetizam a experiência de crescimento das economias de mercado nos últimos 40 anos para uma amostra de 83 economias com os dados atualizados da Penn World Table (Heston, ... -
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. -
Globalization and the Industrial Revolution
2010-10-21This paper argues that trade specialization played an indispensable role in supporting the Industrial Revolution, allowing the economy to shift resources to the manufacture without facing food and raw materials shortage. ... -
Globalization and the Industrial Revolution (revised)
2014-06-13This paper argues that trade specialization played an indispensable role in supporting the Industrial Revolution. We calibrate a two-good and two-sector overlapping generations model to Englandís historical development and ... -
The impact of AIDS on income and human capital
2009-02-12This paper studies the impact of HIV/AIDS on per capita income and education. It explores two channels from HIV/AIDS to income that have not been sufficiently stressed by the literature: the reduction of the incentives to ... -
The implications of embodiment and Putty-Clay to economic development
2004-04-01In this paper we construct and analyze a growth model with the following three ingredients. (i) Technological progress is embodied. (ii) The production function of a firm is such that the firm makes both technology upgrade ...
