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O presente artigo apresenta um modelo dinâmico não linear que gera um ciclo-limite a partir de duas equações diferenciais, onde uma dessas equações representa a dinâmica do ajustamento de preços e a outra o ajustamento das quantidades, em um contexto em que prevalecem preços e salários...
Persistent link: https://www.econbiz.de/10008516706
After the publication of The General Theory of Employment, Interest and Money (hereafter, GT), an intense debate about its main preposition – that the long-run equilibrium of the economy is a position of involuntary unemployment – was established. The consensus view that emerged from it,...
Persistent link: https://www.econbiz.de/10005551006
The vector autoregressive and structural vector autoregressive (VAR/SVAR) models are the cornerstone of the contemporaneous empirical macroeconomic research, in particular for measuring the impact of fiscal policy shocks. They may be employed as atheoretical models, as well as a mean to support...
Persistent link: https://www.econbiz.de/10012616454
So far, there are very few papers concerning the problems of non causality and non-fundamentalness in fiscal studies. This is even truer for Brazil. Non causality and non fundamentalness are econometric problems that are specially relevant in fiscal studies, as they are relate to fiscal...
Persistent link: https://www.econbiz.de/10012802817
So far, there are very few papers concerning the problems of non causality and non-fundamentalness in fiscal studies. This is even truer for Brazil. Non causality and non fundamentalness are econometric problems that are specially relevant in fiscal studies, as they are relate to fiscal...
Persistent link: https://www.econbiz.de/10012656123
The vector autoregressive and structural vector autoregressive (VAR/SVAR) models are the cornerstone of the contemporaneous empirical macroeconomic research, in particular for measuring the impact of fiscal policy shocks. They may be employed as atheoretical models, as well as a mean to support...
Persistent link: https://www.econbiz.de/10012208507
This text was written as part of the project "Modelling of Complex Systems for Public Policy". It reviews the classical authors who jointly contributed to establish the elements of what could constitute a "science of complexity". Based on the original writings of these authors, the text...
Persistent link: https://www.econbiz.de/10011372350
Persistent link: https://www.econbiz.de/10011372359
This text describes in detail how to simulate the poverty impacts of changes in the entitlement rules and benefit values of the Bolsa Família Program. This simulation is especially challenging due to: i) the absence of a specific question on Bolsa Família income in the PNAD household survey...
Persistent link: https://www.econbiz.de/10010330559
This paper aims at contributing to the decision-making regarding the allocation of public resources under the Federal Legislative Power. The focus of the paper was to construct criteria that could help elect the municipal legislative council in each micro-region that has the greatest power of...
Persistent link: https://www.econbiz.de/10010330563