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Browsing Recerca: working papers, informes, etc. by Author "Teles, Pedro"

Browsing Recerca: working papers, informes, etc. by Author "Teles, Pedro"

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  • Díaz-Giménez, Javier; Giovannetti, Giorgia; Marimon, Ramon; Teles, Pedro (2003-01-01)
  • Chari, V. V.; Nicolini, Juan Pablo; Teles, Pedro (2018-02)
    We study cooperative optimal Ramsey equilibria in the open economy, addressing classic policy questions: Should restrictions be placed to free trade and capital mobility? Should capital income be taxed? Should goods be ...
  • Guerreiro, Joao; Rebelo, Sergio; Teles, Pedro (2018-02)
    We use a model of automation to show that with the current U.S. tax system, a fall in automation costs could lead to a massive rise in income inequality. This inequality can be reduced by raising marginal income tax rates ...
  • Ayres, João; Navarro, Gaston; Nicolini, Juan Pablo; Teles, Pedro (2018-02)
    In the standard model of sovereign default, as in Aguiar and Gopinath (2006) or Arellano (2008), default is driven by fundamentals alone. There is no independent role for expectations. We show that small variations of ...
  • Ayres, João; Navarro, Gaston; Nicolini, Juan Pablo; Teles, Pedro (2016-06)
    In the standard model of sovereign default, as in Aguiar and Gopinath (2006) or Arellano (2008), default is driven by fundamentals alone. There is no independent role for expectations. We show that small variations of that ...

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