MARCO ANTONIO CESAR BONOMO
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Artigo Científico Generalized disappointment aversion, long-run volatility risk, and asset prices(2011) MARCO ANTONIO CESAR BONOMO; Garcia, Rene; Meddahi, Nour; Tédongap, RoméoArtigo Científico Electoral cycles through lobbying(2010) MARCO ANTONIO CESAR BONOMOArtigo Científico Imperfectly credible disinflation under endogenous time-dependent pricing(2008) MARCO ANTONIO CESAR BONOMO; Carvalho, CarlosTrabalho de Evento Why Are Savings Rate so Low and Interest Rates so High in Brazil? The Role of Unfunded Social Security and Compulsory Savings (Preliminary)(2016) MARCO ANTONIO CESAR BONOMO; Brito, Ricardo; MARCELO RODRIGUES DOS SANTOSArtigo Científico The after crisis government-driven credit expansion in Brazil: a firm level analysis(2015) MARCO ANTONIO CESAR BONOMO; Brito, Ricardo D.; Martins, BrunoArtigo Científico The long and the short of the risk-return trade-off(2015) MARCO ANTONIO CESAR BONOMO; Garcia, René; Meddahi, Nour; Tédongap, RoméoArtigo Científico Multi-Product Pricing: Theory and Evidence from Large Retailers(2023) MARCO ANTONIO CESAR BONOMO; Carvalho, Carlos; Kryvtsov, Oleksiy; Ribon, Sigal; Rigato, RodolfoWe study a unique dataset with comprehensive coverage of daily prices in large multi-product retailers in Israel. Retail stores synchronise price changes around occasional ‘peak’ days when they reprice around 10% of their products. To assess aggregate implications of partial price synchronisation, we develop a new model in which multi-product firms face economies of scope in price adjustment, and synchronisation is endogenous. Synchronisation of price changes attenuates the average price response to monetary shocks, but only high degrees of synchronisation can substantially strengthen the real effects of monetary policy shocks. Our calibrated model generates real effects similar in magnitude to those in M. Golosov, and R.E. Lucas, Journal of Political Economy (2007), vol. 115, pp. 171–99.