Browsing FGV EPGE - Ensaios Econômicos by Subject "Bem-estar econômico"
Now showing items 1-13 of 13
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The consistency of welfare judgements with a representative consumer
1986This paper is about economies with a representative consumer. In general a representative consumer need not exist, although there are several well known sets of sufficient conditions under which Qne will. It is common ... -
Divisia indexes, money and welfare
2000-07-01We suggest the use of a particular Divisia index for measuring welfare losses due to interest rate wedges and in‡ation. Compared to the existing options in the literature: i) when the demands for the monetary assets are ... -
A general-equilibrium closed-form solution to the welfare costs of inflation (Forthcoming, Revista Brasileira de Economia)
2004-08-01This work presents closed-form solutions to Lucasís (2000) generalequilibrium expression for the welfare costs of ináation, as well as to the di§erence between the general-equlibrium measure and Baileyís (1956) partial-equilibrium ... -
Inflation, welfare and public expenditures
2001-08-01This paper studies welfare effects of monetary policy in an overlapping generations model with capital and no form of taxation other than inflation. Public expenditures have a positive effect on labor productivity. The ... -
A note on growth, welfare and public policy
1997-01In this note the growth anti welfare effects of fiscal anti monetary policies are investigated in three economies where public investment is part of the productive process It is shown that growth is maximized at positive ... -
Public expenditures taxation and welfare measurement
1994-05this article addresses the welfare and macroeconomics effects of fiscal policy in a frarnework where govemment chooses tax rates and the distribution of revenues between consumption and investment. We construct and simulate ... -
Two additions to Lucas's 'inflation and welfare'
2004-04-01This work adds to Lucas (2000) by providing analytical solutions to two problems that are solved only numerically by the author. The first part uses a theorem in control theory (Arrow' s sufficiency theorem) to provide ... -
Welfare cost of Inflation in Brazil: an approach with time-varying cointegration and Kalman filter
2018-08-01This paper compares the time-varying cointegration and the Kalman filter techniques to estimate the Brazilian money demand between 1996 and 2015. The estimation using Kalman filtering performs better and is subsequently ...
