This article reviews the exciting and rapidly expanding literature on realized volatility. After presenting a general univariate framework for estimating realized volatilities, a simple discrete time model is presented in order to motivate the main results. A continuous time specification...

This working paper analyzes paid and unpaid work-time inequalities among Bolivian urban adults using time use data from a 2001 household survey. We identified a gender-based division of labor characterized not so much by who does what type of work but by how much work of each type they do. There...

We discuss four different concepts of feminization of poverty and analyze household survey data to verify if there is an undergoing feminization of poverty in eight Latin American countries, according to each of these concepts. We also verify if our results are sensible to changes in values of...

We decompose changes of the Gini coefficient to investigate whether the Conditional Cash Transfers (CCT) have had an inequality reducing effect in three Latin American countries: Brazil, Mexico and Chile. The technique used is decomposition of the Gini coefficient by factor components. The main...

We describe several characteristics of the two most important targeted cash transfer programs in Brazil, the Continuous Cash Benefit - BPC and the Bolsa Familia, and discuss their institutional aspects, long term sustainability, beneficiaries and levels of targeting. We also address the need of...

O pesquisador Marcelo Medeiros faz recomendações para a elaboração de um questionário de pequeno porte. Segundo ele, para melhorar a legibilidade, deve-se evitar a redação de alternativas de resposta, instruções ou enunciados longos. Justificar o texto, evitar a separação de sílabas...

The literature on excess return prediction has considered a wide array of estimation schemes, among them unrestricted and restricted regression coefficients. We consider bootstrap aggregation (bagging) to smooth parameter restrictions. Two types of restrictions are considered: positivity of the...

We present the preliminary results of our analysis of top incomes in Brazil from 2006 to 2012. We describe the evolution of the income shares of the top 1% and the top 5% and estimate a “tax-corrected†Gini coefficient. The data come from personal income tax returns, national accounts...

Neste texto, avalia-se em que medida a educação pode ser considerada um dos principais determinantes da riqueza no Brasil. O foco deste estudo é nos trabalhadores que compõem o 1% mais rico da distribuição da renda do trabalho. Para isso, foram utilizados os dados de formação...