• Refine Query
  • Source
  • Publication year
  • to
  • Language
  • 19
  • 10
  • 9
  • 4
  • 3
  • 2
  • 2
  • 1
  • 1
  • 1
  • Tagged with
  • 54
  • 24
  • 9
  • 9
  • 7
  • 7
  • 7
  • 7
  • 7
  • 6
  • 6
  • 6
  • 6
  • 6
  • 6
  • About
  • The Global ETD Search service is a free service for researchers to find electronic theses and dissertations. This service is provided by the Networked Digital Library of Theses and Dissertations.
    Our metadata is collected from universities around the world. If you manage a university/consortium/country archive and want to be added, details can be found on the NDLTD website.
41

HIL model elektromechanického systému / HIL model of electromechanical system

Malík, Lukáš January 2018 (has links)
This diploma thesis deals with creation of elektromechanical model in Modelica language which is subsequently imported into LabVIEW environment. The Modelica language, LabVIEW graphical programming tool and Functional Mock-up Interface 2.0 standard are described in the introduction of this thesis. Functional Mock-up Interface is a tool independent standard witch, defines a standardized interface to ModelExchange and Co-simulation of complex system components. The model of electromechanical system was created based on Functional Mock-up Interface standard. Part of the work focuses on the Functional Mock-up Unit storage possibilities and LabVIEW support to import models of this type. The imported model was simulated and tested in this environment. Finally, the instance of Functional Mock-up Unit was connected with LabVIEW FPGA target for the purpose of model HIL simulation on CompactRIO platform.
42

Využití modelů v jazyce Modelica v prostředí Matlab-Simulink / Modelica Models use in Matlab-Simulink Environment

Glos, Jan January 2015 (has links)
This thesis solves the use of Modelica models in Matlab/Simulink enviroment. The first part is focused on Modelica language and Functional Mock-up Interface, a standard way for model exchange and co-simulation of dynamic models, which is supported by most Modelica oriented tools. Based on this standard FMUtoolbox was created and it provides the ability to import and simulate models exported as Functional Mock-up Unit. The tool provides a Simulink block, graphical and command-line interface.
43

Optimalizace tloušťky plechů montované ocelové nádrže / Sheet thickness optimization of the bolted steel tank

Konečný, Jiří January 2016 (has links)
This thesis deals with bolted steel tanks, especially modification one of them. This modification is realized in cooperation with Kohimex spol. s r.o., which is assembling theese tanks for many years. The thesis continues on the bachelor one called "ASSEMBLED STEEL TANKS", which has already dealt with this issue. At the beginning of the thesis the issue of tanks is explained. Furthermore, there is made description of the tank modification details. At the next stage, the work presents stress-strain states of the tank, first for the current tank and then for the modified option. On the basis of completed analysis is made economic evaluation of design modified tank option due to the current tank. The results of this study allow better issue understanding of bolted tanks designing or they give impuls to improve the current way of designing.
44

Integrated System Architecture Development and Analysis Framework Applied to a District Cooling System

Dalvi, Akshay Satish 12 1900 (has links)
Indiana University-Purdue University Indianapolis (IUPUI) / The internal and external interactions between the complex structural and behavioral characteristics of the system of interest and the surrounding environment result in unpredictable emergent behaviors. These emergent behaviors are not well understood, especially when modeled using the traditional top-down systems engineering approach. The intrinsic nature of current complex systems has called for an elegant solution that provides an integrated framework in Model-Based Systems Engineering. A considerable gap exists to integrate system engineering activities and engineering analysis, which results in high risk and cost. This thesis presents a framework that incorporates indefinite and definite modeling aspects that are developed to determine the complexity that arises during the development phases of the system. This framework provides a workflow for modeling complex systems using Systems Modeling Language (SysML) that captures the system’s requirements, behavior, structure, and analytical aspects at both problem definition and solution levels. This research introduces a new level/dimension to the framework to support engineering analysis integrated with the system architecture model using FMI standards. A workflow is provided that provides the enabling methodological capabilities. It starts with a statement of need and ends with system requirement verification. Detailed traceability is established that glues system engineering and engineering analysis together. Besides, a method is proposed for predicting the system’s complexity by calculating the complexity index that can be used to assess the complexity of the existing system and guide the design and development of a new system. To test and demonstrate this framework, a case study consisting of a complex district cooling system is implemented. The case study shows the framework’s capabilities in enabling the successful modeling of a complex district cooling system. The system architecture model was developed using SysML and the engineering analysis model using Modelica. The proposed framework supports system requirements verification activity. The analysis results show that the district chiller model developed using Modelica produces chilled water below 6.6 degrees Celsius, which satisfies the system requirement for the district chiller system captured in the SysML tool. Similarly, many such requirement verification capabilities using dynamic simulation integration with the high-level model provides the ability to perform continuous analysis and simulation during the system development process. The systems architecture complexity index is measured for the district cooling case study from the black-box and white box-perspective. The measured complexity index showed that the system architecture’s behavioral aspect increases exponentially compared to the structural aspect. The systems architecture’s complexity index at black-box and white-box was 4.998 and 67.3927, respectively.
45

Fastighetsmäklarinspektionens påföljdssystem : InförandeaverinranochFMI:stillsynsmetoder / FMI:s sanctions & supervision methods

Sagmen, Cemal January 2017 (has links)
Detta examensarbete har ägnats åt att undersöka FMI:s påföljdsystem och tillsynsmetoder under  tidsperioden  2007  till  2016.  Utifrån  FMI:s  statistik  har  orsaker  till  disciplinära  påföljder, orsaker till anmälningar, antal hanterade ärende samt antal disciplinära åtgärder kartlagts. Den  nya  fastighetsmäklarlagen  infördes  2011.  Lagändring  innebar  bland  annat  att  en  ny  disciplinär  påföljd,  erinran,  togs  i  bruk.    Förändringen  av  statistiska  data  under  åren analyserades för att utvärdera eventuell inverkan på fastighetsmäklarbranschen.  Det läggs extra blickfång på förändringen i påföljdsystemet och dess effekter. Tidsperioden som granskats delades upp i två femårs perioder, det vill säga 2007 till och med 2011 samt 2012 till och med 2016. Diverse analytiska data över jämförelser på de två femårsperioderna har presenterats för att kunna identifiera skillnader mellan de olika perioderna. FMI:s  tillsynsmetoder  har  framställts  och  fördelning  mellan  de  olika  tillsynsmetoderna  har  redogjorts. FMI:s och andra myndigheternas hantering av anonyma anmälningar har utretts och presenterats i rapporten. / In this thesis has FMIs sanction system and regulatory methods between 2007 and 2016 has examined.  Distribution  of  different  reasons  for  disciplinary  actions,  different  reasons  for  notifications, quantity of handled cases and quantity of disciplinary actions has charted by utilizing statistics since 2007. Evolution of statistic data under those years has explored and possible  influence  on  them  has  been  investigated.  Those  values  before  and  after  law  amendment at 2011 has also been examined in order to analyze the influence of the new laws effect on sanction system and regulatory methods. A new discipline sanction called reminder has introduced thru the new real estate agent law (FML 2011:666). It imposed extra focus on the change at sanction system and its effect for the branch. Time period has been divided in two five years periods, 2007-­‐2011 and 2011-­‐2016.  Various  analytical  data  for  the  comparison  of  those  five  years  periods  has  been presented in order to identify the difference between those periods. FMIs  regulatory  methods  have  been  produced  and  distributions  between  those  different  regulatory  methods  have  been  narrated.  The  management  of  anonymous  notification  by FMI and other government bodies has been investigated and presented in the report.
46

L'introduction de la TVA en République démocratique du Congo : contribution à une théorie critique de la décision fiscale / Introduction of VAT in democratic republic of Congo : contribution to theory of tax decision

Matenda Kyelu, Athanase 13 December 2013 (has links)
Le dimanche 1er janvier 2012, la République Démocratique du Congo devenait le 48ème Etat africain sur 54 à se doter de la TVA. C’est une ordonnance –loi, du 20 août 2010, prise sur habilitation législative et complétée par un décret du 22 novembre 2011 qui a fait de ce pays le dernier géant du continent à opérer la transition fiscale voulue par le FMI. Il a fallu dix ans de travaux au sein de la DGI, en participation avec les professionnels et sous le contrôle permanent d’un représentant à demeure du FMI et de missions semestrielles de contrôle, pour que cet impôt s’applique au total à 5600 contribuables ayant plus de 80 000 dollars de chiffre d’affaires, avec une espérance d’arriver à 15 000 assujettis dans un pays aux60 millions d’habitants.Par conséquent, si l’élaboration progressive et participative de cette TVA est une réussite intégralement administrative, puisqu’à part une brève consultation du Sénat, le Parlement n’ a pas eu la possibilité d’émettre un consentement, même après sa réélection en 2012, lorsqu’il a fallu compléter le régime initial , avec un droit d’option par exemple, au bout d’un an d’une gestion qui a posé les difficiles problèmes attendus, pour le traitement comptable des remboursements de crédits d’amont, une question iconoclaste reste posée : était ce vraiment une nécessité que d’avoir une TVA dans un pays où la guerre endémique sévit à l’Est ? Certes les autres pays africains l’ont. Le modèle RDC de la TVA introduite, s’inspire d’ailleurs largement de ce qui se fait dans le continent, avec des seuils d’imposition, des exonérations et une unicité de taux que l’on retrouve en d’autres pays et qui est conforme aux prescriptions de directives harmonisatrices d’unions régionales . Mais mis à part la contrainte du FMI quine laisse pas le choix, même avec des rentrées fiscales nettement améliorées, par rapport à celles de l’ancienne taxation du chiffre d’affaires,n’aurait il pas été plus efficace d’aller à l’audace d’une mutation de la technologie des droits de douane , pour les rendre déductibles, tout en les conservant, au lieu de s’aligner sur la solution classique de leur réduction et de leur suppression, avec en compensation l’introduction précisément d’une TVA ? C’est ce changement de paradigme dans la politique fiscale que cet ouvrage propose en final d’un bilan critique de l’introduction de la TVA. / Sunday 1 January 2012, the Democratic Republic of Congo became the 48th African state of 54 to adopt VAT. This is an order-law of 20 August 2010, taken on enabling legislation and supplemented by a decree of November 22,2011 that has made this country the last giant of the continent to the transition tax required by the IMF. It took ten years of work within the DGI, in participation with professionals and under the constant supervision of a representative of the IMF andremains biannual mission control for this tax applies to all taxpayers in 5600with more than 80 thousand dollars in revenue, with a hope of reaching15,000 subjects in a country with 60 million inhabitants.Therefore, if the progressive development and the participatory VAT isa full administrative success, since a part from a brief consultation with the Senate, Parliament has not been able to issue a consent, even after his reelection in 2012 when it came to complete the original plan, with a right ofoption for example, after a year's management who posed difficult problems expected for the accounting treatment of loan repayments upstream,iconoclastic a question remains unanswered: was it really a necessity to havea VAT in a country where war rages endemic to the east?While other African countries have. The DRC model of VAT introduced alsodraws heavily on what happens in the continent, with tax thresholds,exemptions and uniformity of rates found in other countries and complies withguidelines harmonizers’ regional unions. But apart from the stress of the IMFleaves no choice, even with tax revenues significantly improved compared tothe old taxation revenue, would not it have been more efficient to go to the audacity of a changing technology tariffs to make them tax-deductible, while keeping them instead to align itself with the classical solution of their reduction and deletion, with the introduction of compensation precisely a VAT?This is a paradigm shift in fiscal policy that this book offers a critical final of the introduction of VAT.
47

Trabalho objetivado: a crítica da macroeconomia do FMI - 1980-2008 - uma contribuição ao debate

Filho, Albério Neves 28 March 2012 (has links)
Made available in DSpace on 2016-04-25T20:20:36Z (GMT). No. of bitstreams: 1 Alberio Neves Filho.pdf: 1997150 bytes, checksum: 566d8ff8b3c8f13ffb17e050d94da052 (MD5) Previous issue date: 2012-03-28 / Following doctoral thesis developed in terms of qualification project of post-graduate studies program in social sciences from the Pontifícia Universidade Católica de São Paulo. The goal of the thesis presented here is to examine the political assumptions expressed in macroeconomic models of the International Monetary Fund adjustment and the political conditions necessary for its implementation, in the period 1980-2008. And justifications to develop a work of this nature were provided both by the recognized critical social and economic effects, as the current theoretical controversies existing on the pertinence of such programs and the reasons that led the IMF to promote macroeconomic policy, contained therein. The hypothesis explored here is that macroeconomic adjustment programmes developed and deployed by the IMF, indifferently applied in the various national economies and after the period of the so-called debt crisis, sought to make and was a result of complying with regulatory rules and symbolic imposed at the time and throughout the period in which gives the ownership of real resources in the Central States, by class of bankers. From this point of view, this change produced a rearrangement within the economic and political theories in use by the Fund, implying several attempts on your part, to the economic reconstruction of the most basic postulates, which formed the action parameter to the institution, in the long period from after World War II. The theoretical-methodological aspects are developed here, first, use of the postulates laid by M. DOBB on the SCHUMPETER s contribution towards the understanding of macroeconomic models as a political instrument design and ideological. Second, it uses the reading confirms M. BLAUG in the same sense that economic analysis models, hide, without rejecting their premises heuristics. It is used also of a long tradition, revived by K. MARX and not closed in this, which affirms the relevance of politics as the vehicle through which theoretical models, concepts and assumptions are thought of as fed by historical contexts and, at the same time will be part of the consolidation symbolic or not, these same contexts. When such theoretical-methodological aspects are applied to that working hypothesis to explain the study results and understand that the adjustment programmes of the International Monetary Fund and the evidence of their policies have had significant effects, to confirm it, about the current trend financialisation of the world capitalism. If correct, the exposed, lighten and contribute to the understanding of these issues were addressed in the body of work now submitted / Segue Tese de Doutorado desenvolvido nos termos do projeto de qualificação do Programa de Estudos Pósgraduados em Ciências Sociais da Pontifícia Universidade Católica de São Paulo. O objetivo da tese ora apresentada é o de examinar os pressupostos políticos expressos nos modelos macroeconômicos de ajuste do Fundo Monetário Internacional e as condições políticas necessárias à sua efetivação, no período de 1980-2008. E as justificativas para desenvolver um trabalho dessa natureza foram fornecidas tanto pelos reconhecidos efeitos críticos, sociais e econômicos, provenientes da incorporação desses programas pelas economias nacionais, quanto pelas atuais controvérsias teóricas existentes sobre a pertinência desses programas e as razões que levaram o Fundo Monetário a promover a política macroeconômica, neles contidos. A hipótese aqui trabalhada é que os programas macroeconômicos de ajuste desenvolvidos e implantados pelo FMI, indiferentemente aplicado nas diversas economias nacionais e após o período da chamada crise da dívida, buscou viabilizar e foi resultado do atendimento às regras normativas e simbólicas instituídas no momento e ao longo do período no qual se dá a apropriação dos recursos reais nos Estados Centrais, pela classe dos banqueiros. E esta apropriação dos recursos reais por essa classe significou, por seu lado, o rompimento da coalização política do pós-guerra, onde o Estado de Bem-Estar Social tomou corpo, induzindo a uma mudança histórica genuína para a efetivação de um novo tempo histórico. Desse ponto de vista, essa mudança produziu um rearranjo no interior das teorias políticas e econômicas em uso pelo Fundo, implicando em diversas tentativas, de sua parte, para a reconstrução dos postulados econômicos os mais básicos, os quais serviram de parâmetro de ação para a instituição, no longo período do após a Segunda Guerra Mundial. Ocorre que, nesse momento no qual aparentava sua maior vitalidade com intervenções nas diversas economias nacionais, assistiu-se, isso sim, a uma crise de legitimidade em sua ação e em seus postulados teóricos, induzida por aquelas mudanças mais gerais, que travaram sua melhor atuação. Assim, um dos focos da tese será o de demonstrar, justamente, como essas mudanças se deram no FMI. Os aspectos teórico-metodológicos aqui desenvolvidos fazem uso, primeiro, das postulações lançadas por M. DOBB acerca da contribuição de J. SCHUMPETER no sentido da compreensão dos modelos macroeconômicos como uma concepção e instrumento de natureza política ideológica. Segundo, utiliza-se da leitura confirmativa de M. BLAUG no mesmo sentido de que os modelos de análise econômica ocultam, sem rejeitar, suas premissas heurísticas. Estas serão trazidas para o interior das concepções e modelos teóricos que balizam os modelos analíticos e operacionais dando suporte para as proposições macro microeconômicas e aparecem, nesses modelos, na forma de uma intromissão de ideologias, valores e interesses políticos, dentro dos programas e das sugestões de políticas econômicas, em geral. Terceiro, utiliza-se de uma larga tradição, reavivada por K. MARX e não encerrada com este, que afirma a pertinência da política como o veículo por onde modelos teóricos, concepções e pressuposições são pensadas como alimentadas pelos contextos históricos e, em simultâneo será parte da consolidação simbólica, ou não, desses mesmos contextos. Quando tais aspectos teórico-metodológicos são aplicados àquela hipótese de trabalho o resultado obtido permitiu explicar e compreender que os programas de ajustes do Fundo Monetário e as evidências de suas políticas surtiram efeitos significativos, ao confirmá-la, sobre a atual tendência financerizada do capitalismo mundial. Mas, ao final, constituindo-se no veículo para a expansão, a partir das economias centrais para as demais economias de industrialização tardia, desses novos interesses da classe dos financistas o FMI teve sua atuação histórica, em seus termos originais, esgotada. Se correto o exposto, conseguiu-se clarear e contribuir no entendimento dessas questões, tratadas no corpo do trabalho ora apresentado
48

Trabalho objetivado: a crítica da macroeconomia do FMI - 1980-2008 - uma contribuição ao debate

Neves Filho, Albério 28 March 2012 (has links)
Made available in DSpace on 2016-04-26T14:53:28Z (GMT). No. of bitstreams: 1 Alberio Neves Filho.pdf: 1997150 bytes, checksum: 566d8ff8b3c8f13ffb17e050d94da052 (MD5) Previous issue date: 2012-03-28 / Following doctoral thesis developed in terms of qualification project of post-graduate studies program in social sciences from the Pontifícia Universidade Católica de São Paulo. The goal of the thesis presented here is to examine the political assumptions expressed in macroeconomic models of the International Monetary Fund adjustment and the political conditions necessary for its implementation, in the period 1980-2008. And justifications to develop a work of this nature were provided both by the recognized critical social and economic effects, as the current theoretical controversies existing on the pertinence of such programs and the reasons that led the IMF to promote macroeconomic policy, contained therein. The hypothesis explored here is that macroeconomic adjustment programmes developed and deployed by the IMF, indifferently applied in the various national economies and after the period of the so-called debt crisis, sought to make and was a result of complying with regulatory rules and symbolic imposed at the time and throughout the period in which gives the ownership of real resources in the Central States, by class of bankers. From this point of view, this change produced a rearrangement within the economic and political theories in use by the Fund, implying several attempts on your part, to the economic reconstruction of the most basic postulates, which formed the action parameter to the institution, in the long period from after World War II. The theoretical-methodological aspects are developed here, first, use of the postulates laid by M. DOBB on the SCHUMPETER s contribution towards the understanding of macroeconomic models as a political instrument design and ideological. Second, it uses the reading confirms M. BLAUG in the same sense that economic analysis models, hide, without rejecting their premises heuristics. It is used also of a long tradition, revived by K. MARX and not closed in this, which affirms the relevance of politics as the vehicle through which theoretical models, concepts and assumptions are thought of as fed by historical contexts and, at the same time will be part of the consolidation symbolic or not, these same contexts. When such theoretical-methodological aspects are applied to that working hypothesis to explain the study results and understand that the adjustment programmes of the International Monetary Fund and the evidence of their policies have had significant effects, to confirm it, about the current trend financialisation of the world capitalism. If correct, the exposed, lighten and contribute to the understanding of these issues were addressed in the body of work now submitted / Segue Tese de Doutorado desenvolvido nos termos do projeto de qualificação do Programa de Estudos Pósgraduados em Ciências Sociais da Pontifícia Universidade Católica de São Paulo. O objetivo da tese ora apresentada é o de examinar os pressupostos políticos expressos nos modelos macroeconômicos de ajuste do Fundo Monetário Internacional e as condições políticas necessárias à sua efetivação, no período de 1980-2008. E as justificativas para desenvolver um trabalho dessa natureza foram fornecidas tanto pelos reconhecidos efeitos críticos, sociais e econômicos, provenientes da incorporação desses programas pelas economias nacionais, quanto pelas atuais controvérsias teóricas existentes sobre a pertinência desses programas e as razões que levaram o Fundo Monetário a promover a política macroeconômica, neles contidos. A hipótese aqui trabalhada é que os programas macroeconômicos de ajuste desenvolvidos e implantados pelo FMI, indiferentemente aplicado nas diversas economias nacionais e após o período da chamada crise da dívida, buscou viabilizar e foi resultado do atendimento às regras normativas e simbólicas instituídas no momento e ao longo do período no qual se dá a apropriação dos recursos reais nos Estados Centrais, pela classe dos banqueiros. E esta apropriação dos recursos reais por essa classe significou, por seu lado, o rompimento da coalização política do pós-guerra, onde o Estado de Bem-Estar Social tomou corpo, induzindo a uma mudança histórica genuína para a efetivação de um novo tempo histórico. Desse ponto de vista, essa mudança produziu um rearranjo no interior das teorias políticas e econômicas em uso pelo Fundo, implicando em diversas tentativas, de sua parte, para a reconstrução dos postulados econômicos os mais básicos, os quais serviram de parâmetro de ação para a instituição, no longo período do após a Segunda Guerra Mundial. Ocorre que, nesse momento no qual aparentava sua maior vitalidade com intervenções nas diversas economias nacionais, assistiu-se, isso sim, a uma crise de legitimidade em sua ação e em seus postulados teóricos, induzida por aquelas mudanças mais gerais, que travaram sua melhor atuação. Assim, um dos focos da tese será o de demonstrar, justamente, como essas mudanças se deram no FMI. Os aspectos teórico-metodológicos aqui desenvolvidos fazem uso, primeiro, das postulações lançadas por M. DOBB acerca da contribuição de J. SCHUMPETER no sentido da compreensão dos modelos macroeconômicos como uma concepção e instrumento de natureza política ideológica. Segundo, utiliza-se da leitura confirmativa de M. BLAUG no mesmo sentido de que os modelos de análise econômica ocultam, sem rejeitar, suas premissas heurísticas. Estas serão trazidas para o interior das concepções e modelos teóricos que balizam os modelos analíticos e operacionais dando suporte para as proposições macro microeconômicas e aparecem, nesses modelos, na forma de uma intromissão de ideologias, valores e interesses políticos, dentro dos programas e das sugestões de políticas econômicas, em geral. Terceiro, utiliza-se de uma larga tradição, reavivada por K. MARX e não encerrada com este, que afirma a pertinência da política como o veículo por onde modelos teóricos, concepções e pressuposições são pensadas como alimentadas pelos contextos históricos e, em simultâneo será parte da consolidação simbólica, ou não, desses mesmos contextos. Quando tais aspectos teórico-metodológicos são aplicados àquela hipótese de trabalho o resultado obtido permitiu explicar e compreender que os programas de ajustes do Fundo Monetário e as evidências de suas políticas surtiram efeitos significativos, ao confirmá-la, sobre a atual tendência financerizada do capitalismo mundial. Mas, ao final, constituindo-se no veículo para a expansão, a partir das economias centrais para as demais economias de industrialização tardia, desses novos interesses da classe dos financistas o FMI teve sua atuação histórica, em seus termos originais, esgotada. Se correto o exposto, conseguiu-se clarear e contribuir no entendimento dessas questões, tratadas no corpo do trabalho ora apresentado
49

An Investigation Of The Ferromagnetic Insulating State Of Manganites

Jain, Himanshu 07 1900 (has links)
Electrical conductance in the ferromagnetic insulating (FMI) phase of manganites has been experimentally investigated. The investigations were performed on single crystals of compositions La0.82Ca0.18MnO3 and Nd0.7Pb0.3MnO3. The nature of electrical conductance is determined to be Shklovskii–Efros variable range hopping (SE–VRH). Further, at high bias levels, non–linear conductance (NLC) is observed. A “hot electron” model, that quantitatively explains the bias and temperature dependence of the NLC, consistent with the SE–VRH nature of electrical conductance, is presented. The limits of validity of the model are discussed.
50

IMF Seniority as a compromise for affordable debt

Magalhães, Paula Karine Ribas 11 May 2017 (has links)
Submitted by Paula Magalhães (paulakmagalhaes@gmail.com) on 2017-05-24T17:25:55Z No. of bitstreams: 1 Paula Magalhaes Dissertacao.pdf: 437299 bytes, checksum: 5ee7ce9b3eb164a2bd2068b1d47f4c92 (MD5) / Approved for entry into archive by Suzinei Teles Garcia Garcia (suzinei.garcia@fgv.br) on 2017-05-24T19:26:49Z (GMT) No. of bitstreams: 1 Paula Magalhaes Dissertacao.pdf: 437299 bytes, checksum: 5ee7ce9b3eb164a2bd2068b1d47f4c92 (MD5) / Made available in DSpace on 2017-05-25T12:11:52Z (GMT). No. of bitstreams: 1 Paula Magalhaes Dissertacao.pdf: 437299 bytes, checksum: 5ee7ce9b3eb164a2bd2068b1d47f4c92 (MD5) Previous issue date: 2017-05-11 / Este artigo trata do papel do Fundo Monetário Internacional como um agente sênior, fato observado empiricamente. Um agente soberano sujeito a um choque estocástico deve tomar emprestado para suavizar seu consumo. O mercado financeiro internacional oferece seus fundos, contudo cobra um prêmio por dividir o risco sobre o choque com o governo. O FMI, embora sênior, empresta a uma taxa menor. Encontramos as condições sob as quais a presença do FMI em tal mercado é relevante e positiva ao agente emprestador. Tais condições dependerão do tamanho do prêmio de risco cobrado, que em nossa análise é dado exogenamente. / This paper addresses the role of the International Monetary Fund in the international monetary economy as a senior agent, as observed empirically. A sovereign agent subject to a stochastic shock must borrow to smooth out consumption. The international financial market offers fund, however it charges a premium for sharing the risk over the shock with the government. The IMF, however senior, lends at a lower rate. Hence, the sovereign government must choose its borrower. We find conditions under which the IMF presence in such market is relevant and positive to the borrowing agent. Such conditions will depend on the size of the risk premium charged, which in our analysis will be exogenously given

Page generated in 0.0314 seconds