We conducted a questionnaire study with student subjects to look for explicit correlations between selected...

We assess the psychophysiological characteristics underlying the disposition effect and find that subjects showing greater...

We examine whether investing experience can dampen the disposition effect, that is, the fact that...

The number of downloads of economics articles through the repository RePEc showed a sharp drop...

We devise a new asymptotic statisticaltest to assess independence in bivariate continuous distributions. Our approach...

We adapt a genetic-based learning classifier system to a forecast evaluation exercise by making its...

Although the economic literature on the optimal management of bank excess reserves is age-old and...

We show that a two-harmonic log-periodic formula fits the high-frequency data from the Dow Jones...

The relative efficiency of financial markets can be evaluated using algorithmic complexity theory. Using this...

An important open problem concerns the physical origin of long-range correlations, multifractality and fat tailed...

We evaluate whether the presence of China in world trade is ultimately beneficial or whether...

We analyze a stochastic model to describe the evolution of financial prices. We consider the...

Overconfidence can lead to excessive business entry. Here we replicate the pioneer experiment finding this...

In the literature of staggered wages, the discount factor is neglected in the workers’ loss...

Applied econometricians tend to show a long neglect for the proper frequency to be considered...

We find favorable evidence for the textbook equilibrium exchange rate model of Stockman using Blanchard...

We carry out a statistical physics analysis of the flash crash of May 6, 2010...

Applying a standard questionnaire (Lichtenstein and Fischhoff 1977) to a sample of 44 professional investors,...

Casey Mulligan suggested in The Economists' Voice that this recession was caused by "something [that]...

In this work we are interested in the concept of market efficiency and its relationship...

A recent neurobiology study showed that monkeys systematically prefer risky targets in a visual gambling...

If stock markets are complex, monetary policy and even financial regulation may be useless to...

We examine the relationship between stock returns and foreign investment in Brazil, and find that...

I argue that it is microeconomics that needs foundations, not macroeconomics. Preferences need to be...

We checked for the presence of rational bubbles in the São Paulo Stock Exchange index...

I evaluate the just launched official criterion for assessing the economics research output in Brazil,...

A methodology based on the algorithmic complexity theory has been applied to assess the relative...

Financial economists usually assess market efficiency in absolute terms. This is to be viewed as...

Employing data from 13 Latin American countries, we find that greater central bank independence is...

We detected bubbles in 22 emerging stockmarkets using both standard and threshold cointegration. Eighteen stockmarkets...

We consider the cointegration approach of generalized purchasing power parity to show that a necessary...

Investors seem to hold on to their losing stocks to a greater extent than they...

We make a case for the usefulness of an optimal control approach for the central...

Financial economists usually assess market efficiency in absolute terms. This is a shortcoming. One way...

We examine the relationship between the US current account deficit, the international value of the...

Employing both cointegration analysis and a variety of Granger causality tests, we examine whether the...

The Tsallis nonextensive entropy of the statistical physics literature exactly matches the previously defined Havrda-Charvat...

We employ the Levy sections theorem in the analysis of selected dollar exchange rate time...

Based on long range dependence, some analysts claim that the exchange rate time series of...

This paper revisits the Levy sections theorem. We extend the scope of the theorem to...

The yuan-dollar changes prior to the 2005 revaluation show a Sierpinski triangle in an iterated...

This paper provides estimates of the elasticities of demand for the Brazilian basic plan of...

We find evidence of weak informational efficiency in the Brazilian daily foreign exchange market using...

Prospect theory of risky choices has been extended to encompass intertemporal choices. Presentation of intertemporal...

We revisit the finding that crashes can be deterministic and governed by log-periodic formulas. One-...

This paper considers independently distributed stochastic processes that are also nonidentically distributed. We find that...

We evaluate the performance of 307 Brazilian stock mutual funds employing stochastic frontiers. We list...

The strong Brazilian currency between 1994 and 1998 led Brazilians to an unprecedented increase in...

Following the real appreciation of the US dollar in the first half of the 1980s,...

We put forward a technique based on cluster analysis to group stocks in spot markets...

We show that the Marshall−Lerner condition holds for the Brazilian trade balance, and discard a...

This paper surveys the developments in the field of international finance, in particular the research...

This paper presents favorable piece of evidence of the relationship between the Brazilian real output...

We revisit the issue of comovements of emerging and developed stockmarkets, and provide a simultaneous...

Given that financial series are poorly described by Gaussian distributions, how can the volatility behavior...

There is a role for autocorrelations and power laws in the sum of stochastic variables....

Nontraded inputs account for the lion's share of a Big Mac price. Major departures from...

The sluggish convergence of truncated Lévy flights to a Gaussian together with the scaling power...

We examine the role of nonlinear autocorrelations in the convergence to the Gaussian equilibrium and...

We employ our previously suggested exponentially damped Lévy flight to study the multiscaling properties of...

We survey some basic notions related to complex systems theory. (Portuguese)

Since real-world processes seem to depart from standard Levy distributions, modifications to the latter have...

We show that truncated Levy flights appear due to the presence of particular features of...

We suggest that the ultraslow speed of convergence associated with truncated Levy flights may be...

Price changes of the Chinese yuan-US dollar rate are found to display a Sierpinski triangle...

The article presents a classroom-suited version of the equilibrium exchange rate model of Stockman (1987)...

The paper provides a brief overview of the current state of exchange rate modeling.

This article reviews some current interdisciplinary work on power laws.

The scaling of the probability distribution of the Sao Paulo Stock Exchange index is shown...

This article generalizes the results shown in De Grauwe, Dewachter, and Embrechts (1993) in a...

This paper surveys the literature on chaos in exchange rates.

Massive foreign exchange interventions are shown to remove chaos and instability in the models of...

One positive aspect of the financial crisis was the boost to the dollar. However, global...

By combining basic concepts from economics and genetic economics, I elaborate a rationale for the...

Group thinking is the notion that animals do those things that maximize the chance of...

Apresentação detalhada do material do livro-texto do Varian usado em cursos de Micro 2 no...