This paper evaluates alternative rules by which the Fed may set interest rates using the small model of the U.S. economy estimated in Rotemberg and Woodford (1997). Our main substantive finding is tha
Abstract: This paper verified the price volatility transmissions among Brazilian agricultural commodities, more specifically ethanol, sugar, and soybeans. Daily data between January 25, 2010, and Dece
We argue that incorporating the decision of how to organize the acquisition, use, and communication of knowledge into economic models is essential to understand a wide variety of economic phenomena. W