Coordination failures, crisis and economic policy

• Grant number: 12/23222-6
• Support Opportunities: Scholarships in Brazil - Doctorate
• Start date: April 01, 2013
• End date: April 17, 2017
• Field of knowledge: Applied Social Sciences - Economics - Growth, Fluctuations and Economic Planning
• Principal Investigator: Bernardo de Vasconcellos Guimaraes
• Grantee: Caio Henrique Machado
• Host Institution: Escola de Economia de São Paulo (EESP). Fundação Getúlio Vargas (FGV). São Paulo , SP, Brazil
• Associated scholarship(s): 13/22873-6 - Coordination failures and stimulus policies, BE.EP.DR

Abstract

This work is intended to research on coordination failures, trying to identify which policy is more efficient in mitigating them in different environments to be studied. To do so, we will apply global games techniques, considering the role of moral hazard, market structures without perfect competition and the dynamics of coordination failures. (AU)

Scientific publications

(References retrieved automatically from Web of Science and SciELO through information on FAPESP grants and their corresponding numbers as mentioned in the publications by the authors)

GUIMARAES, BERNARDO; MACHADO, CAIO; RIBEIRO, MARCEL. A Model of the Confidence Channel of Fiscal Policy. JOURNAL OF MONEY CREDIT AND BANKING, v. 48, n. 7, p. 1363-1395, OCT 2016. (13/22873-6, 12/23222-6)

GUIMARAES, BERNARDO; MACHADO, CAIO. DYNAMIC COORDINATION AND THE OPTIMAL STIMULUS POLICIES. ECONOMIC JOURNAL, v. 128, n. 615, p. 2785-2811, NOV 2018. (13/22873-6, 12/23222-6)