We aim to evaluate two different econometric screens for identifying anti-competitive behavior in the fuel retail market: (i) The Markov-Switching GARCH (MS-GARCH) Models; (ii) The Local Gaussian Correlation (LGC) approach. Using the gasoline cartel judged and condemned in Brasília as a...

The Brazilian government started to implement, mainly from the 2000s onwards, mechanisms to stimulate the supply and demand for higher education in Brazil. Especially the offer of private higher education has shown strong growth in recent years as a result of systematic public policies, which...

We construct a dynamic general equilibrium model, calibrated to the Brazilian economy, in which a fraction of the firms set prices one quarter in advance. The artificial economy simulations generate series consistent with real data and with a typical estimation of a structural...