The purpose of this research is to create a model for evaluating financial and non-financial motivation of top managers in regional and district management structures. For this purpose, the efficiency of inter-cluster interaction within one federal district is evaluated using a system of factors...

How do slums shape the economic and health dynamics of pandemics? An event-study analysis using millions of mobile phones in Brazil shows that residents of overcrowded slums engaged in less social distancing after the outbreak of COVID-19. We develop and calibrate a choice-theoretic equilibrium...

This article develops an agent-based model of security market pricing process, capable to capture main stylised facts. It features collective market pricing mechanisms based upon evolving heterogeneous expectations that incorporate signals of security issuer fundamental performance over time....

This paper proposes full-Bayes priors for time-varying parameter vector autoregressions (TVP-VARs) which are more robust and objective than existing choices proposed in the literature. We formulate the priors in a way that they allow for straightforward posterior computation, they require...

Having efficient and accurate samplers for simulating the posterior distribution is crucial for Bayesian analysis. We develop a generic posterior simulator called the "dynamic striated Metropolis-Hastings (DSMH)" sampler. Grounded in the Metropolis-Hastings algorithm, it draws its strengths from...

Spanish Abstract: La simulación de sistemas de agentes múltiples y los modelos basados en agentes utilizan entidades virtuales que interactúan siguiendo reglas en ambientes controlados, y permiten entender el comportamiento de los agentes reales considerando aspectos como la heterogeneidad,...