graduation at Economia Empresarial e Controladoria from Faculdade de Economia, Administração e Contabilidade - USP (2020). Has experience in Economics, focusing on Mathematical, Econometrical and Statistical Methods and Models (Source: Lattes Curriculum)
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As long as the consumer is risk averse, the uncertainties inherent in business cycles lead to welfare losses. In a seminal work, Lucas(1987) proposed an approach to quantify such losses, concluding, for the North American case, that this losses are very low. This result was interpreted as evidence that would be not necessary to intensify the ongoing stabilization policies. Subsequent lite…
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