This paper examines if taking into account changes in the number of producers, or equivalently changes in the product variety space over the business cycle, helps to understand and replicate international business cycle facts. To this end, we develop a two-country model in which the economy is...

Using data for the 27 Brazilian states during the period 1980-2009, we found that the media index in an important determinant of the suicide rates. The econometric results suggest that an increase of 1% in the media index increases the suicide rate for young males (age between 15 and 29 years...

Using data for the 27 Brazilian states during the period 1980-2009, we found that the media index in an important determinant of the suicide rates. The econometric results suggest that an increase of 1% in the media index increases the suicide rate for young males (age between 15 and 29 years...

Portuguese Abstract: Este artigo trata das narrativas econômicas e seu impacto sobre os ciclos econômicos. Segundo Robert Shiller, os economistas devem reconhecer que a severidade das crises econômicas pode decorrer da prevalência e visibilidade das histórias contadas sobre elas, que se...

Herbert Simon disseminated his bounded rationality approach in his vast academic production. The recognition of the complex environment and the cognitive limits led him to study about the use of heuristics in the decision-making. Around this idea, a new path to the study of human decisions has...

English Abstract: In empirical studies on dishonesty, experimental formats may be useful to identify the frequency of frauds, think over the circumstances in which they occur, and, from their probable causes, help to delineate policies to fight corruption. This being the case, the aim of this...

The cease-and-desist commitment (CCP, a mechanism equivalent to a Consent Decree in the United States) is an agreement between the Administrative Counsel of Concurrence Defense (CADE) and an anticompetitive firm, aiming to cease the investigated practice in a certain period of time. During this...

The objective of this paper is to analyze, with the instruments of Game Theory, the incentives that can lead a Member State of the European Union to disregard the Stability and Growth Pact, and thus, to keep an excessive deficit, although aware of the political and financial risk associated with...

Leniency programs have shown to be an important tool to fight cartels. By reducing fees or guaranteeing imunity against criminal prosecution, leniency programs provide incentives to cartelized firms to reveal the cartel activities. We reveal the recent literature on leniency programs as well as...

We apply the random fields framework proposed by Durlauf (1997) and Brock and Durlauf (2001) to a non-cooperative game of binary choices. We extend their model to allow for a more general distribution of the economic agents heterogeneity, in accordance with Glaeser and Scheinckman (2001). We...