Sustained growth, government expenditure and inflation

We construct and simulate a theoretical model in order to explain particular historical experiences in which inflation acceleration apparently helped to spur a period of economic growth. Government financed expenditures affect positively the produtivity growth in this model so that the distortionary effect of inflation tax is compensated by the productive effect of public expenditures. We show that for some interval of money creation rates there is an equilibrium where money is valued and where steady state physica1 capital grows with inflation. It is a1so shown that zero inflation and growth maximization are never the optimal policies.

The long-run properties of a dynamic Mirrlees' model with aggregate shocks

Nós abordamos a existência de distribuições estacionárias de promessas de utilidade em um modelo Mirrlees dinâmico quando o governo tem record keeping imperfeito e a economia é sujeita a choques agregados. Quando esses choques são iid, provamos a existência de um estado estacionário não degenerado e caracterizamos parcialmente as alocações estacionárias. Mostramos que a proporção do consumo agregado é invariante ao estado agregado. Quando os choques agregados apresentam persistência, porém, alocações eficientes apresentam dependência da história de choques e, em geral, uma distribuição invariante não existe.

Weekend ethanol consumption and high-sucrose diet: resveratrol effects on energy expenditure, substrate oxidation, lipid profile, oxidative stress and hepatic energy metabolism

Fundação de Amparo à Pesquisa do Estado de São Paulo (FAPESP)

Energy Expenditure and Oxygen Consumption as Novel Biomarkers of Obesity-induced Cardiac Disease in Rats

Conselho Nacional de Desenvolvimento Científico e Tecnológico (CNPq)

Ingresos y gastos de gobierno, 1947-1954 = Government income and expenditure, 1947-1954

Incluye Bibliografía

Observations on the effects produced by the expenditure of government during the restriction of cash payments.

Mode of access: Internet.

Sketch of the history, government and resources, of British India : with tables of the revenue and expenditure.

Mode of access: Internet.

Household food consumption and expenditure : annual report of the National Food Survey Committee.

Vols. for 1965- include provisional estimates for the following year.

Domestic food consumption and expenditure : annual report of the National Food Survey Committee.

Vol. for 1950 contains a supplement on food expenditure by urban working-class households, 1940-1949.

Consumption Risk and the Cross-Section of Government Bond Returns

Peer reviewed

Consumption Risk and the Cross-Section of Government Bond Returns

Peer reviewed