This works studies evidences banks' daily behavior pattern of managing reserves, analyses the rationality behind such observed behavior and its main influencing factors. This study contributes to the existent literature in two fronts: proposing a methodology for analyzing bank reserves' daily...

This paper intents to empirically verify whether some of the confidence indexes more popular in Brazil have effectively been useful in recent years to build reliable forecasts on the evolution of key indicators of economic activity, as well as evaluate the impact of the rapid reversion of the...

This paper intents to empirically verify whether some of the confidence indexes more popular in Brazil have effectively been useful in recent years to build reliable forecasts on the evolution of key indicators of economic activity, as well as evaluate the impact of the rapid reversion of the...

No mercado de trabalho, observa-se que os trabalhadores de empresas com elevado risco de falência têm salários mais baixos que a média. Aparentemente, esta observação é contrária ao previsto pela teoria financeira relativamente a agentes racionais e avessos ao risco que prevê que os...

This text aims to provide evidence regarding the adverse effects of anti-dumping measures on the competitive market strategies in different sectors of economic activity. To map firms' strategic behaviour, as well as the evolution of their market power, our empirical model consists of estimating...

This text aims to provide evidence regarding the adverse effects of anti-dumping measures on the competitive market strategies in different sectors of economic activity. To map firms’ strategic behaviour, as well as the evolution of their market power, our empirical model consists of...

This paper presents an applied general equilibrium model used to quantify the impacts of trade policies on Brazil and its trade partners, under alternative assumptions of constante returns and perfect competition and economies of scale and imperfect competition. The results suggest that the...

This paper analyzes the effects of an individual transferable quota (ITQ) system implemented on bycatch on the global harvest level of oligopolistic fisheries. We show that the impact of changes in the total allowable catch (TAC) on the equilibrium harvest level depends on the degree of returns...

We study experimentally a standard four-player Hotelling game, with a uniform density of consumers and inelastic demand. The pure strategy Nash equilibrium configuration consists of two firms located at one quarter of the ``linear city'', and the other two at three quarters. We do not observe...