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Carlo method was applied to consider the uncertainty in the elasticities values, following Hallren e Opanasets (2018). The … sensitivity of AVEs to variations in elasticities, admitting uncertainty. …
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not only to income uncertainty but also to policy uncertainty. …
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What we show is this article is that there is a link between Post- Keynesian theory and Institutional Economy. This link can help us (i) to understand the instability of the monetary economies and (ii) to oberve the relevance of the institutions in the coordenation process of the monetary economies.
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subjective information in a context of complexity and uncertainty. This paper discusses the points of convergence and …
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