Now showing items 1-2 of 2

    • Entrepreneurial risk and labour's share in output 

      Cardoso, Renato Fragelli
      1995-01
      This paper presents a theoretical model which discusses the role played by the entrepreneurial risk on the distribution of the national income. In a two-period general equilibrium framework with competitive risk-averse ...
    • Redistribution with labor market frictions 

      Costa, Carlos Eugênio da; Maestri, Lucas Jóver; Santos, Marcelo Rodrigues dos
      How should search frictions in the labor market affect distributive policies? Can we assess current real-world policies? After building a framework for answering these questions we show that any constrained efficient ...