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The welfare cost of homicides in Brazil: accounting for heterogeneity in the willingness to pay for mortality reductions
(Wiley-Blackwell, 2016-03)
This paper estimates the health dimension of the welfare cost of homicides in Brazil incorporating age, gender, educational, and regional heterogeneities. We use a marginal willingness to pay approach to assign monetary ...
The welfare cost of macroeconomic uncertainty in the post-war period
(Escola de Pós-Graduação em Economia da FGV, 2006-09-01)
With standard assumptions on preferences and a fully-fledged econometric model we computed the welfare costs of macroeconomic uncertainty for post-war U.S. using the BeveridgeNelson decomposition. Welfare costs are about ...
The welfare cost of external habits: a quantitative assessment
(Universidad de Chile Facultad de Economía y Negocios, 2010-06)
This paper quantifies cost of consumption externalities in an endogenous growth model with habit formation. Agent´s utility depends on both current consumption and a reference consumption level determined by economy-wide ...
The welfare cost of macroeconomic uncertainty in the post-war period
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2005-12-01)
Lucas (1987) has shown the surprising result that the welfare cost of business cycles is quite small. Using standard assumptions on preferences and a fully-áedged econometric model we computed the welfare costs of macroeconomic ...
On the welfare costs of business-cycle fluctuations and economic-growth variation in the 20th century
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2012-02-28)
Lucas (1987) has shown a surprising result in business-cycle research: the welfare cost of business cycles are very small. Our paper has several original contributions. First, in computing welfare costs, we propose a novel ...
On the welfare costs of business-cycle fluctuations and economic-growth variation in the 20th century
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2012-10-17)
Lucas(1987) has shown a surprising result in business-cycle research: the welfare cost of business cycles are very small. Our paper has several original contributions. First, in computing welfare costs, we propose a novel ...
Welfare costs of inflation: the case for interest-bearing money and empirical estimates for Brazil
(Escola de Pós-Graduação em Economia da FGV, 1994-07)
We provide in this paper a closed fonn for the Welfare Cost of Inflation which we prove to be closer than Bailey's expression to the correct solution of the corresponding non-separable differential equation. Next. we extend ...
The welfare cost of external habits: a quantitative assessment
(Universidad de Chile. Facultad de Economía y Negocios, 2010-06)
This paper quantifies the welfare cost of consumption externalities in an endogenous
growth model with habit formation. Agent’s utility depends on both current
consumption and a reference consumption level determined by ...
Welfare costs of crime and common violence
(Emerald Group Publishing Ltd, 2015)
Purpose - Negative effects of crime encompass several different dimensions. As a result, there is no existing methodology capable of dealing with all the relevant issues simultaneously and the interpretation of the estimates ...
THE WELFARE COST OF EXTERNAL HABITS: A QUANTITATIVE ASSESSMENT
(Universidad de Chile. Departamento de Economía, 2010)