Topic outline
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Mehra, R. and Prescott, E. (1985). "The Equity Premium: A Puzzle." Journal of Monetary Economics 15: 154-161.
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Vegh, C. (2008). Open economy macroeconomics in developing countries. The MIT Press, p.76-85.
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Campbell, J. Y. (2003). "Consumption-based asset pricing." Constantinides, G. M.; Harris, M.; Stulz, R. Handbook of the Economics of Finance, chapter 13.
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Guvenen, F.; Lustig, H. (2008). "Consumption-based asset pricing models (empirical performance)." Durlauf, S. N.; Blume, L. E. The New Palgrave Dictionary of Economics, Second Edition.
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Aiyagari, S. Rao (1994). "Uninsured Idiosyncratic Risk and Aggregate Saving." Quarterly Journal of Economics, Vol. 109, No. 3., pp. 659-684.
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Krueger, D.; Perri, F. (2006). "Does Income Inequality Lead to Consumption Inequality? Evidence and Theory." Review of Economic Studies, vol. 73(1), pages 163-193.
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Arellano, Cristina (2008). "Default Risk and Income Fluctuations in Emerging Economies". American Economic Review 98: 690-712.
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Chari, V. V.; Kehoe, P. J. (1999). "Optimal Fiscal and Monetary Policy." Taylor, J. B.; Woodford, M. Handbook of Macroeconomics, vol. 1C, cap. 26.
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Aiyagari, S. R. (1995). "Optimal Capital Income Taxation with Incomplete Markets, Borrowing Constraints, and Constant Discounting." Journal of Political Economy 103: 1158-75.
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Chari, V. V. and Kehoe, P. J. (1990). "Sustainable Plans." Journal of Political Economy 98: 783-802.
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Romer, P. M (1986). "Increasing Returns and Long-run Growth." Journal of Political Economy 94(5): 1002-37.
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Romer, P. M. (1990). "Endogenous Technological Change." Journal of Political Economy 98(5): S71-102.
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Segunda Prova (II) Quiz