Browsing FGV EPGE - Ensaios Econômicos by Subject "Imposto de renda"

Now showing items 1-2 of 2

    • A Common-feature approach for testing present-value restrictions with financial data 

      Hecq, Alain; Issler, João Victor
      2012-02-24
      It is well known that cointegration between the level of two variables (labeled Yt and yt in this paper) is a necessary condition to assess the empirical validity of a present-value model (PV and PVM, respectively, hereafter) ...

    • Progressive Consumption Taxes 

      Costa, Carlos Eugênio da; Santos, Marcelo Rodrigues dos
      In a static setting, whether consumption or labor income is progressively taxed is irrelevant for household choices and welfare. In a dynamic setting, however, these two forms of progressivity have markedly di erent ...