Showing 1 - 10 of 107
This paper proposes a model that links households and firms, as usual, by markets for factors and goods and, additionally, by a banking sector that channels households' funds to firms and eliminates idiosyncratic risk. In equilibrium, agency costs and tax benefits of corporate debt are...
Persistent link: https://www.econbiz.de/10005464696
Can a large-scale defcit spending program speed up recovery after recession? To answer that question we calibrate a …
Persistent link: https://www.econbiz.de/10004993710
Recent empirical research has shown that income per capita in the aftermath of natural disasters is not necessarily lower than before the event. In many cases, income is not significantly affected and surprisingly, can even respond positively to natural disasters. Here, we propose a simple...
Persistent link: https://www.econbiz.de/10011076218
complex to employment and income generation in the Brazilian economy in the 1990’s. To do so, input-output matrices are … show that the supermarket complex was responsible for approximately 6.1% of the total employment in the economy (3 … with the other sector in the economy, in terms of employment and income generation. …
Persistent link: https://www.econbiz.de/10011109095
over the employment. To study such an impact, it was: a) constructed an interregional input-output model, for the Brazilian …) estimated the employment level, for the sectors in the model, by the qualification level of the workforce, i.e., by years of … Southeast regions. This also has an impact over the employment generate indirectly, which is estimated through the use of the …
Persistent link: https://www.econbiz.de/10011109264
Despite the advances in recent years in areas as education and combat to the poverty, Brazil continues to have one of … the worst income distributions in the world. Nowadays, in a list with 126 countries and territories, Brazil has the 10th … growing demand for employment generation. Taking into consideration both of these aspects, the purpose of this paper is to …
Persistent link: https://www.econbiz.de/10011111902
absorption in the economy, one of the main concerns relates to the question of employment. This paper deals with this by making … an analysis of the changes in the employment in the Brazilian economy and relating these changes with the productive … analysis of the structural aspects of the Brazilian economy and to relate if with the employment changes occurred in the period …
Persistent link: https://www.econbiz.de/10011113821
China and Brazil are two countries with continental dimensions, with differences in availability of natural resources … consistently a strategy of Export Led Growth (ELG), while Brazil, until the mid 1990s had a strategy based on Import Substitution … Industrialization (ISI) with a relatively closed economy to the external market; however, recently Brazil has been switching to a more …
Persistent link: https://www.econbiz.de/10008919791
from a recession in the medium-run. …
Persistent link: https://www.econbiz.de/10010954341
fiscal stimulus slows down economic recovery from recession in the medium-run. We discuss the slowdown from recovery w ….r.t. alternative assumptions about the size and persistence of the initial shock (severity of the recession), the assumed power of the … similar independent from whether a recession was caused by an efficiency wedge (input-financing frictions) or a labor wedge …
Persistent link: https://www.econbiz.de/10010957288