This paper presents an analysis of ethanol-gasoline price ratio in Brazil from 2000 to 2012. Since 2008 Brazilian … annual inflation in Brazil is around 5% per year and increase in costs is transferred to ethanol prices this explain why … ethanol consumption decays while gasoline consumption boosts. In Brazil, consumers are often told that ethanol is more …

improve the national infrastructure, particularly in the ports in northern Brazil, could lead to large improvements in the … in Brasilien zu ermitteln, wurde eine Markt- und Kostenanalyse für vier Anbaugebiete im Sorriso-Santos-Korridor mit … auf dem Weltmarkt gehört Brasilien zu den Hauptversorgern der weltweiten Sojanachfrage. Der Einfluss von Logistik und …

economics. We study whether information about imminent future dividends can abate bubbles in experimental asset markets. We find … that markets with asymmetrically informed traders have significantly smaller bubbles than markets with symmetrically … efficiency--when some traders know more than others about future dividends. This suggests that bubbles are abated when traders …

discounting ambiguity. We focus on supermartingale criteria for time consistency. In particular, we show how “bubbles” may appear …

documented phenomena such as bubbles, crashes, reversals and excess price volatility and volume. Novel empirical predictions are … are twofold: i) optimal trading strategies involve riding bubbles, and that ii) contrarian trading can be optimal in some …

acuerdo respecto al fenómeno de las burbujas y situar el papel de los bancos centrales dentro de este panorama. Bubbles, that … overvaluation of assets, to set out the main points of agreement regarding the bubbles phenomenon, and to give central banks their …