Listagem FGV EPGE - Ensaios Econômicos por Assunto "Comércio"

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    • Preferences, common knowledge and speculative trade 

      Dow, James; Werlang, Sérgio Ribeiro da Costa; Madrigal, Vicente
      1990-01
      We study the proposition that if it is common knowledge that en allocation of assets is ex-ante pareto efficient, there is no further trade generated by new information. The key to this result is that the information ...

    • Trade in intermediate goods and total factor productivity 

      Trejos, Alberto; Ferreira, Pedro Cavalcanti
      2008-05-09
      We develop and calibrate a model where differences in factor endowments lead countries to trade intermediate goods, and gains from trade reflect in total factor productivity. We perform several output and growth decompositions, ...