Heterogeneity, firm entry, and distortions in networked economies

Detalhes bibliográficos
Autor(a) principal: Mendes, Angelo Avelar Hermeto
Data de Publicação: 2020
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/29100
Resumo: We propose a theoretical model of occupational choice in an economy with input-output links, sectoral wedges, and heterogeneous agents. We provide analytical solutions for equilibrium objects and show that the Hulten’s theorem does not hold in our framework. We show the limiting case in which the Hulten’s theorem holds. We relate the validity of the theorem with the dispersion of entrepreneurial productivity among agents and diminishing returns to scale in the production technology. We also provide some numerical results of how wedges affect the economy.
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spelling Mendes, Angelo Avelar HermetoEscolas::EESPSantos, Marcelo Rodrigues dosPannella, PierlucaCavalcanti, Tiago2020-05-18T17:47:53Z2020-05-18T17:47:53Z2020-04-22http://hdl.handle.net/10438/29100We propose a theoretical model of occupational choice in an economy with input-output links, sectoral wedges, and heterogeneous agents. We provide analytical solutions for equilibrium objects and show that the Hulten’s theorem does not hold in our framework. We show the limiting case in which the Hulten’s theorem holds. We relate the validity of the theorem with the dispersion of entrepreneurial productivity among agents and diminishing returns to scale in the production technology. We also provide some numerical results of how wedges affect the economy.Nos propomos um modelo teórico de escolha ocupacional em uma economia com relações de insumo-produto, distorções setoriais e agentes heterogêneos. Obtemos soluções analíticas para os objetos de equilíbrio e mostramos que o Teorema de Hulten não é válido em nosso ambiente, exceto em um caso limítrofe. É possível relacionar a validade de tal teorema com a dispersão das produtividades dos agentes e a tecnologia de produção das firmas. Por fim, apresentamos alguns resultados numéricos que ilustram como distorções setoriais afetam a economia.engOccupational choiceInput-OutputHultenHeterogeneous agentsWedgesEscolha ocupacionalInsumo-produtoAgentes heterogêneosDistorçõesEconomiaEconomiaProdutividade industrialRelações intersetoriaisCiclos econômicosHeterogeneity, firm entry, and distortions in networked economiesinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisinfo:eu-repo/semantics/openAccessreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVORIGINALDissertação_final.pdfDissertação_final.pdfPDFapplication/pdf722130https://repositorio.fgv.br/bitstreams/0ba69678-1789-4ba7-91d9-71429ea4dd18/downloadd066645951a87027c8573d8bf6ac09acMD51LICENSElicense.txtlicense.txttext/plain; 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dc.title.eng.fl_str_mv Heterogeneity, firm entry, and distortions in networked economies
title Heterogeneity, firm entry, and distortions in networked economies
spellingShingle Heterogeneity, firm entry, and distortions in networked economies
Mendes, Angelo Avelar Hermeto
Occupational choice
Input-Output
Hulten
Heterogeneous agents
Wedges
Escolha ocupacional
Insumo-produto
Agentes heterogêneos
Distorções
Economia
Economia
Produtividade industrial
Relações intersetoriais
Ciclos econômicos
title_short Heterogeneity, firm entry, and distortions in networked economies
title_full Heterogeneity, firm entry, and distortions in networked economies
title_fullStr Heterogeneity, firm entry, and distortions in networked economies
title_full_unstemmed Heterogeneity, firm entry, and distortions in networked economies
title_sort Heterogeneity, firm entry, and distortions in networked economies
author Mendes, Angelo Avelar Hermeto
author_facet Mendes, Angelo Avelar Hermeto
author_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EESP
dc.contributor.member.none.fl_str_mv Santos, Marcelo Rodrigues dos
dc.contributor.author.fl_str_mv Mendes, Angelo Avelar Hermeto
dc.contributor.advisor1.fl_str_mv Pannella, Pierluca
Cavalcanti, Tiago
contributor_str_mv Pannella, Pierluca
Cavalcanti, Tiago
dc.subject.eng.fl_str_mv Occupational choice
Input-Output
Hulten
Heterogeneous agents
Wedges
topic Occupational choice
Input-Output
Hulten
Heterogeneous agents
Wedges
Escolha ocupacional
Insumo-produto
Agentes heterogêneos
Distorções
Economia
Economia
Produtividade industrial
Relações intersetoriais
Ciclos econômicos
dc.subject.por.fl_str_mv Escolha ocupacional
Insumo-produto
Agentes heterogêneos
Distorções
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Economia
Produtividade industrial
Relações intersetoriais
Ciclos econômicos
description We propose a theoretical model of occupational choice in an economy with input-output links, sectoral wedges, and heterogeneous agents. We provide analytical solutions for equilibrium objects and show that the Hulten’s theorem does not hold in our framework. We show the limiting case in which the Hulten’s theorem holds. We relate the validity of the theorem with the dispersion of entrepreneurial productivity among agents and diminishing returns to scale in the production technology. We also provide some numerical results of how wedges affect the economy.
publishDate 2020
dc.date.accessioned.fl_str_mv 2020-05-18T17:47:53Z
dc.date.available.fl_str_mv 2020-05-18T17:47:53Z
dc.date.issued.fl_str_mv 2020-04-22
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
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dc.language.iso.fl_str_mv eng
language eng
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