The welfare cost of macroeconomic uncertainty in the post-war period
Autor(a) principal: | |
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Data de Publicação: | 2006 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Institucional do FGV (FGV Repositório Digital) |
Texto Completo: | http://hdl.handle.net/10438/776 |
Resumo: | With standard assumptions on preferences and a fully-fledged econometric model we computed the welfare costs of macroeconomic uncertainty for post-war U.S. using the BeveridgeNelson decomposition. Welfare costs are about 0.9% per-capita consumption ($175.00) and marginal welfare costs are about twice as large. |
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Franco Neto, Afonso Arinos de MelloIssler, João VictorGuillen, Osmani Teixeira CarvalhoEscolas::EPGEFGV2008-05-13T15:33:52Z2008-05-13T15:33:52Z2006-09-010104-8910http://hdl.handle.net/10438/776With standard assumptions on preferences and a fully-fledged econometric model we computed the welfare costs of macroeconomic uncertainty for post-war U.S. using the BeveridgeNelson decomposition. Welfare costs are about 0.9% per-capita consumption ($175.00) and marginal welfare costs are about twice as large.engEscola de Pós-Graduação em Economia da FGVEnsaios Econômicos;624Welfare costs of business cyclesBeveridge-Nelson decompositionEconomiaEconomiaCiclos econômicosIncertezaModelos econométricosThe welfare cost of macroeconomic uncertainty in the post-war periodinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlereponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessORIGINAL2125.pdfapplication/pdf249541https://repositorio.fgv.br/bitstreams/ada4c631-2247-43a2-9bce-16c51835dbd8/downloada76f491b0e0faa8ac4294c07abca42e9MD51TEXT2125.pdf.txt2125.pdf.txtExtracted texttext/plain30583https://repositorio.fgv.br/bitstreams/0303c923-0ff2-4618-8ba4-ce677706db70/download92778257be62666930017ba2eb18eac1MD56THUMBNAIL2125.pdf.jpg2125.pdf.jpgGenerated Thumbnailimage/jpeg3331https://repositorio.fgv.br/bitstreams/3113fc6b-944c-4f21-b85d-74583a610283/downloadc4a8faedf3ac17552cb012cb8ccad96fMD5710438/7762023-11-08 20:33:29.061open.accessoai:repositorio.fgv.br:10438/776https://repositorio.fgv.brRepositório InstitucionalPRIhttp://bibliotecadigital.fgv.br/dspace-oai/requestopendoar:39742023-11-08T20:33:29Repositório Institucional do FGV (FGV Repositório Digital) - Fundação Getulio Vargas (FGV)false |
dc.title.eng.fl_str_mv |
The welfare cost of macroeconomic uncertainty in the post-war period |
title |
The welfare cost of macroeconomic uncertainty in the post-war period |
spellingShingle |
The welfare cost of macroeconomic uncertainty in the post-war period Franco Neto, Afonso Arinos de Mello Welfare costs of business cycles Beveridge-Nelson decomposition Economia Economia Ciclos econômicos Incerteza Modelos econométricos |
title_short |
The welfare cost of macroeconomic uncertainty in the post-war period |
title_full |
The welfare cost of macroeconomic uncertainty in the post-war period |
title_fullStr |
The welfare cost of macroeconomic uncertainty in the post-war period |
title_full_unstemmed |
The welfare cost of macroeconomic uncertainty in the post-war period |
title_sort |
The welfare cost of macroeconomic uncertainty in the post-war period |
author |
Franco Neto, Afonso Arinos de Mello |
author_facet |
Franco Neto, Afonso Arinos de Mello Issler, João Victor Guillen, Osmani Teixeira Carvalho |
author_role |
author |
author2 |
Issler, João Victor Guillen, Osmani Teixeira Carvalho |
author2_role |
author author |
dc.contributor.unidadefgv.por.fl_str_mv |
Escolas::EPGE |
dc.contributor.affiliation.none.fl_str_mv |
FGV |
dc.contributor.author.fl_str_mv |
Franco Neto, Afonso Arinos de Mello Issler, João Victor Guillen, Osmani Teixeira Carvalho |
dc.subject.eng.fl_str_mv |
Welfare costs of business cycles |
topic |
Welfare costs of business cycles Beveridge-Nelson decomposition Economia Economia Ciclos econômicos Incerteza Modelos econométricos |
dc.subject.por.fl_str_mv |
Beveridge-Nelson decomposition |
dc.subject.area.por.fl_str_mv |
Economia |
dc.subject.bibliodata.por.fl_str_mv |
Economia Ciclos econômicos Incerteza Modelos econométricos |
description |
With standard assumptions on preferences and a fully-fledged econometric model we computed the welfare costs of macroeconomic uncertainty for post-war U.S. using the BeveridgeNelson decomposition. Welfare costs are about 0.9% per-capita consumption ($175.00) and marginal welfare costs are about twice as large. |
publishDate |
2006 |
dc.date.issued.fl_str_mv |
2006-09-01 |
dc.date.accessioned.fl_str_mv |
2008-05-13T15:33:52Z |
dc.date.available.fl_str_mv |
2008-05-13T15:33:52Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10438/776 |
dc.identifier.issn.none.fl_str_mv |
0104-8910 |
identifier_str_mv |
0104-8910 |
url |
http://hdl.handle.net/10438/776 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.ispartofseries.por.fl_str_mv |
Ensaios Econômicos;624 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.publisher.none.fl_str_mv |
Escola de Pós-Graduação em Economia da FGV |
publisher.none.fl_str_mv |
Escola de Pós-Graduação em Economia da FGV |
dc.source.none.fl_str_mv |
reponame:Repositório Institucional do FGV (FGV Repositório Digital) instname:Fundação Getulio Vargas (FGV) instacron:FGV |
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FGV |
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FGV |
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Repositório Institucional do FGV (FGV Repositório Digital) |
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Repositório Institucional do FGV (FGV Repositório Digital) |
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