Outros Papers

Educação e Saúde

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Coordenador:

Naercio Menezes Filho

WP062 – Human Capital and the Recent Fall of Earnings Inequality in Brazil

Priscilla Albuquerque Tavares

Naercio Menezes Filho

ABSTRACT – Earnings inequality has started to fall in Brazil in recent years, after remaining very high for decades. We describe this decline using a flexible decomposition technique and assess the contributions of education and experience. We conclude that the … Leia mais

Trabalho, Pobreza e Desigualdade

WP039 – Social Insurance under Imperfect Monitoring

Francois Gerard

Gustavo Gonzaga

ABSTRACT – Social insurance programs, including Unemployment Insurance (UI), have been adopted in many countries where informal employment is prevalent and monitoring of eligibility imperfect.  Whether social insurance programs can increase welfare in such a context often remains an open … Leia mais

Organização Industrial e Crime

WP002 – Do Public Banks Compete with Private Banks? Evidence from Concentrated Local Markets in Brazil

João Manoel Pinho de Mello

Christiano Arrigoni Coelho

Leonardo Rezende

ABSTRACT – We extend the framework of Bresnahan and Reiss [1991a] to measure the competitive effect of the public ownership of banks in concentrated local banking markets in Brazil. We use variation in market size, the number of competitors and … Leia mais

Macroeconomia e Crescimento Econômico

Coordenador:

Tiago Cavalcanti

WP 076 – Firms, Informality and Development: Theory and evidence from Brazil

Gabriel Ulyssea

This paper develops and estimates an equilibrium model where heterogeneous firms can exploit two margins of informality: (i) not register their business, the extensive margin; and (ii) hire workers “off the books”, the intensive margin. The model encompasses the main competing frameworks for … Leia mais

ECONOMIA MONETÁRIA

WP044 – Coordination in the Use of Money

Luis Araujo

Bernardo Guimaraes

ABSTRACT – Fundamental models of money, while explicit about the frictions that render money socially benefi…cial, are silent on how agents actually coordinate in its use. This paper studies this coordination problem, providing an endogenous map between the primitives of the … Leia mais

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