Embora haja uma vasta literatura que investiga fatores que influenciam a performance de fundos de investimento, são escassos os trabalhos que relacionam o tamanho da firma de gestão e a performance individual dos fundos, ...

Based on Food and Agriculture Organization data for 15 developing countries, we examine household characteristics, asset bundles and income-generating activities of the rural poor. Assets aid in exiting poverty, not ...

This note provides necessary and su¢cient conditions for some speci…c multidimensional consumer’s surplus welfare measures to be well posed (path independent). We motivate the problem by investigating partial-equilibrium ...

This paper develops statistical tools for testing conditional independence among the jump components of the daily quadratic variation, which we estimate using intraday data. To avoid sequential bias distortion, we do not ...

We introduce a stochastic heterogeneous interacting-agent model for the short-time non-equilibrium evolution of excess demand and price in a stylized asset market. We consider a combination of social interaction within ...

We show that when investors suffer from endogenous asymmetric money illusion, the usual proportionality between money supply and nominal prices commonly present in frictionless economies is eliminated. This drives changes ...