Financial Constraints
Mostrando 13-24 de 39 artigos, teses e dissertações.
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13. Can future systemic financial risks be quantified?: ergodic vs nonergodic stochastic processes
Different axioms underlie efficient market theory and Keynes's liquidity preference theory. Efficient market theory assumes the ergodic axiom. Consequently, today's decision makers can calculate with actuarial precision the future value of all possible outcomes resulting from today's decisions. Since in an efficient market world decision makers "know" their
Brazilian Journal of Political Economy. Publicado em: 2009-12
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14. Controle em horizonte finito com restriçoes de sistemas lineares discretos com saltos markovianos / Constrained control problem within a finite horizon of markovian jump discrete linear systems
The purpose of this work is to propose and solve the constrained control problem within a finite horizon of Markovian Jump Discrete Linear Systems (MJDLS) driven by noise. The constraints of the state and control vectors are not rigid and limits are established respectively to their first and second moments. The controller is based on a linear state feedback
Publicado em: 2009
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15. Escândalos, marolas e finanças: para uma sociologia da transformação do ambiente econômico
The political crisis traversed by Lula's first Presidential Administration provided a rare window to analyze the relationship between the world of finance and Brazilian society. The succession of scandals and the reactions to them triggered and unveiled the way in which financial trends depend on the cognitive framings that are produced beyond their boundari
Dados. Publicado em: 2008
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16. BIFUEL CONVERSION OF THERMAL POWER PLANTS UNDER UNCERTAINTY: A REAL OPTIONS APPROACH / CONVERSÃO DE TERMELÉTRICAS PARA BI-COMBUSTÍVEL EM AMBIENTE DE INCERTEZA: UMA ABORDAGEM POR OPÇÕES REAIS
In Brazil, despite the predominant participation of hydro power plants, some years ago, due to Thermo Power Priority Program (PPT), a large number of Natural Gaspowered plants were implanted. A lot of uncertainties are imposed to the players in the Brazilian Power Market, and one more risk arises: the Natural Gas offer. The bi-fuel conversion arises as an op
Publicado em: 2008
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17. Financing and controllership of municipalities in the State of São Paulo in the health area: an evaluation of efficiency / Financiamento e controladoria dos municípios paulistas no setor saúde: uma avaliação de eficiência
Sistema Único de Saúde (SUS)1 is characterized by complex intergovernmental relationships that have granted continuing enhancement in the solution of issues related to public health service rendering to the population. While a governmental sector policy, SUS is influenced by recent efforts in the distribution and performance of the principles of public adm
Publicado em: 2008
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18. Educação do campo e participação social: reflexões sobre a experiência da casa familiar rural de Cametá/Pa. / Rural Education and social participation: reflections on the experience of the agricultural familiar house of Cametá/Pa.
The thesis aimed to reflect on the experience of the Cametá s Rural Familiar House. In the broad sense the search sought investigate the contributions of experience to the subject of the rural áreas of Cametá. In particular meaning as it aimed to analyze the participation of the subjects in the dynamics of Cametá s Rural Familiar House; identify it s mec
Publicado em: 2008
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19. Oportunidades de Investimento Corporativo e Restrições Financeiras no Brasil / Corporative Investment Opportunities and Financial Restrictions in Brazil
In this paper we used models not only to estimate the power of investment opportunities, but also to identify the existence of credit frictions trying to understand whether, and in an affirmative situation, how these facts explain the investment in Brazilian companies. Considering the existence of investment opportunities as the only necessary factor to expl
Publicado em: 2007
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20. Internacionalização de empresas via consórcio de exportação
There are approximately five millions of small companies in Brazil. Among them, the majority have no knowledge on international markets. Until recently, only large companies sought to develop actions related to internationalization. Today, small businesses also are seeking this type of opportunity through exports to different countries. It is well known that
Publicado em: 2007
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21. Otimização multiperíodo por média-variância sem posições a descoberto em ativos de risco. / Mean-variance multiperiod optimization with no-shorting constraints in risk assets.
Initially in this work are presented the basics concepts of mean and variance and how they are applied to quantify an asset or a portfolio. After this we present the optimal investment strategy of the Markowitz no-shorting constraints mean-variance portfolio selection in single period and the Markowitz optimal investment strategy without such constrain. Foll
Publicado em: 2006
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22. HIGH FREQUENCY DATA AND PRICE-MAKING PROCESS ANALYSIS: THE EXPONENTIAL MULTIVARIATE AUTOREGRESSIVE CONDITIONAL MODEL - EMACM / ANÁLISE DE DADOS DE ALTA FREQÜÊNCIA E DO PROCESSO DE FORMAÇÃO DE PREÇOS: O MODELO MULTIVARIADO EXPONENCIAL - EMACM
The availability of high frequency financial transaction data - price, spread, volume and duration -has contributed to the growing number of scientific articles on this topic. The first proposals were limited to pure duration models. Later, the impact of duration over instantaneous volatility was analyzed. More recently, Manganelli (2002) included volume int
Publicado em: 2006
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23. Internacionalização, democracia e gasto social na América Latina, 1980-1999
We examine the impact globalization and democratization have on social spending in Latin America. To measure globalization we construct a new indicator of financial liberalization for the Latin American cases based on Dennis Quinn s measure of financial openness (Quinn 1997). We find there are two logics upon which globalization operates. Trade openness has
Publicado em: 24/11/2005
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24. Influencia de restrições operacionais na definição das estrategias de produção
Production strategies for petroleum fields are chosen with the objective of achieving the best possible performance of the reservoir, considering physical, operational and economical constraints. In many published papers regarding production strategy optimization, only the reservoir is considered, simplifying the analysis process by not considering the opera
Publicado em: 2005