El objetivo de este paper es realizar una descripción del caso brasileño, en lo que hace a la salida de un sistema en el cual el ancla nominal de la economía era un tipo de cambio semi-fijo, hacia un régimen de flotación “cuasi” limpia de la moneda, en el que el ancla de la economía...

This paper explores the possibility to collect the information on the non-pension cash benefits by using the administrative data sources. Firstly, we describe the framework of the Italian ITS on social protection and define the units of analysis. Afterwards, we review the Bodies holding sources...

In the model presented here, $n$ parties choose policy positions in a space $Z$ of dimension at least two. Each party has true preferences on $Z$ that are unknown to other agents. In the first version of the model considered the party declarations determine the lottery outcome of coalition...

I explore a behavioral model of political participation, first introduced by Quattrone and Tversky [1988], based on the primitives of prospect theory, as defined by Kahneman and Tversky [1979]. The model offers an alternative explanation for why the President’s party tends to lose seats in...

We study the effects of unequal representation in the interest-group system on the degree of information transmission between a lobbyist and a policymaker. Employing a dynamic cheap-talk model in which the lobbyist cares instrumentally about his reputation for truthtelling, we show that the...

Demand for increased public expenditure due to enhanced political consciousness and implementation of investment programmes through mechanism(s) infected with diseconomies are the two important forces among several others to put increased pressure on the fiscal resources available within a...

The difficulty of returning to (near) full employment and especially the high incidence of unemployment at the bottom side of the labour market these days, has inspired economists to make various policy proposals. Almost all measures actually applied maintain or even intensify the conditional...

El tema de la inflación ha sido uno de los más debatidos en los últimos meses. Los incrementos de precios registrados en el primer trimestre de 2005 han avivado la discusión. Este trabajo muestra que el problema está lejos de estar fuera de control y que determinadas medidas de política...

A buyout option enhances an auction by allowing a bidder to purchase the item at a pre-specified price (instead of attempting to obtain the item by way of auction). A comparison is made between the ex ante welfare of bidders in an auction with a buyout option to a traditional auction with no...

General Equilibrium Theory (GE) scrutinizes the ability of markets to achieve efficient allocation of resources. The main purpose of this work is, in the framework to the GE to analyze, the possibility of design a mechanism enabling agents to make independent decisions compatible with social...