Submitted by Gustavo Quindere Saraiva (gqs007@gmail.com) on 2013-08-08T22:45:46Z No. of bitstreams: 1 Dissert_Gustavo.pdf: 1205214 bytes, checksum: e7415a09177c3999bf4b562101926770 (MD5) / Approved for entry into archive by Janete de Oliveira Feitosa (janete.feitosa@fgv.br) on 2013-08-19T17:59:44Z (GMT) No. of bitstreams: 1 Dissert_Gustavo.pdf: 1205214 bytes, checksum: e7415a09177c3999bf4b562101926770 (MD5) / Approved for entry into archive by Marcia Bacha (marcia.bacha@fgv.br) on 2013-08-22T13:13:48Z (GMT) No. of bitstreams: 1 Dissert_Gustavo.pdf: 1205214 bytes, checksum: e7415a09177c3999bf4b562101926770 (MD5) / Made available in DSpace on 2013-08-22T13:13:58Z (GMT). No. of bitstreams: 1 Dissert_Gustavo.pdf: 1205214 bytes, checksum: e7415a09177c3999bf4b562101926770 (MD5) Previous issue date: 2013-06-20 / This work consists on a survey of some papers from the literature of general equilibrium with default costs. We focus on the study of Kehoe and Levine (1993) and Alvarez and Jermann (2000) models. We also describe some adaptations of Al- varez and Jermann’s model, such as the models developed by Hellwig and Lorenzoni (2009) and Azariadis and Kaas (2008), and we compare them with Huggett’s (1993) model, where the market is exogenously incomplete. Finally, we point out one flaw present in Krueger and Perry’s (2010) algorithm to compute stationary equilibria from economies such as Alvarez and Jermann. / Neste trabalho fazemos um resumo de alguns artigos que tratam de equilíbrio geral dinâmico com custos de default. Focamos no estudo dos modelos de Kehoe e Levine (1993) e de Alvarez e Jermann (2000). Também descrevemos algumas adaptações do modelo de Alvarez e Jermann, como os trabalhos de Hellwig e Lorenzoni (2009) e de Azariadis e Kaas (2008), e comparamos os resultados desses modelos com os de Huggett (1993), no qual os mercados são exogenamente incompletos. Finalmente, expomos uma falha no algoritmo computacional sugerido por Krueger e Perry (2010) para se computar os equilíbrios estacionários de economias como as de Alvarez e Jermann (2000).