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Tiago Neves Sequeira, Alexandra Ferreira-Lopes
Pág. pp. 149 - 159
In this note we study the distortions in an endogenous growth model developed by Grimaud and Tournemaine (2007), where new pieces of knowledge are produced in a R&D sector and used to reduce pollution emissions. Using this model along with a realisti...
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Mohamed Bouzahzah,Mohamed Jellal
Pág. 8
In this paper we analyzed a model of endogenous fertility in presence of financial market assets and social security pensions. Given the children externality and in the absence of corrective policy, the fertility rate chosen in market economy is too low....
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Guglielmo Maria Caporale,Alaa M. Soliman
Pág. 701 - 709
This paper analyses the relationship between monetary policy and the stock market with the aim of gaining new insights into the transmission mechanism of monetary policy. The empirical findings shed light on the importance of stock prices for money deman...
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Marcelo Ganem,Tara Keshar Nanda Baidya
Pág. 277 - 301
The risk premium in the Brazilian term structure of interest rates is partially driven by some specific defensive behavior following past monetary decisions. Until 2008, the Brazilian Central Bank has primarily dealt with domestic and external crises by ...
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Nuno Limão, Arvind Panagariya
Pág. 292 - 309
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