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On the long run effects of barriers to trade
(Escola de Pós-Graduação em Economia da FGV, 2001-10-17)
We study the macroeconomic effects of international trade policy by integrating a Hecksher-Ohlin trade model into an optimal-growth framework. The model predicts that a more open economy will have higher factor productivity. ...
The long-run economic impact of AIDS
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2003-02-10)
This paper studies the long-run impact of HIV / AIDS on per capita income and education. We introduce a channel from HIV / AIDS to long-run income that has been overlooked by the literature, the reduction of the incentives ...
The long run economic impact of AIDS
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia, 2003-02-10)
This paper studies the long-run impact of HIV/AIDS on per capita income and education. We introduce a channel from HIV/AIDS to long-run income that has been overlooked by the literature, the reduction of the incentives to ...
Measurements of income inequality: a critique. Inflation and income inequality: a link through the job- search process
(Escola de Pós-Graduação em Economia da FGV, 2004-08-19)
In this paper I claim that, in a long-run perspective, measurements of income inequality, under any of the usual inequality measures used in the literature, are upward biased. The reason is that such measurements are ...
A search-theoretic explanation for the negative correlation between labor income and impatience
(Escola de Pós-Graduação em Economia da FGV, 2004-08-01)
Lawrance (1991) has shown, through the estimation of consumption Euler equations, that subjective rates of impatience (time preference) in the U.S. are three to Öve percentage points higher for households with lower average ...
Towards a measure of income inequality freed from the volatility caused by variations in the rate of unemployment
(Escola de Pós-Graduação em Economia da FGV, 2004-08-01)
By mixing together inequalities based on cyclical variables, such as unemployment, and on structural variables, such as education, usual measurements of income inequality add objects of a di§erent economic nature. Since ...
Universal Basic Income in Developing Countries: Pitfalls and Alternatives
(Escola de Pós-Graduação em Economia da FGV, 2021-02-23)
This article studies the short -and long-term effects of Universal Basic Income programs - a uniform transfer to every individual in society - in the context of a developing economy and compares this policy with other ...
A structuralist Philips curve
(2011-10)
This paper presents a structuralist model of the Philips curve and applies it to the US and Brazilian economies. The theoretical model starts from a simple markup rule to build a Philips curve based on the assumptions that ...
Output convergence in Mercosur: multivariate time series evidence
(Escola de Pós-Graduação em Economia da FGV, 2003-10-28)
The aim of this paper is to provide evidence on output convergence among the Mercosur countries and associates, using multivariate time-series tests. The methodology is based on a combination of tests and estimation ...
Neighborhood feedbacks, endogenous stratification, and income inequality
(Escola de Pós-Graduação em Economia da FGV, 1993-06-15)
This paper explores the evolution of the cross-section income distribution in economies where endogenous neighborhood formation interacts with positive within-neighborhood feedback effects. We study an economy in which the ...