<p>This paper is based on the structural model proposed by Cohen and Einav [2007]<br />to estimate the joint distribution of risk and risk aversion in the automobile insurance<br />market. However, while they estimated the model for a single insurer in the Israeli<br />market, we estimated the model by considering the top ve insurers in the Brazilian<br />market at the same time. This difference allowed us to capture the eect of competition<br />on the joint distribution of risk and risk aversion. A counterfactual exercise allowed<br />us to verify that the insurer with the largest market share can implement the optimal<br />contract, while the others do not.</p>
AGRADECIMENTOSDurante a realização deste trabalho tive o apoio de muitas pessoas. Primeiramente, gostaria de agradecer meus pais, Carlos e Rosana, meu irmão Vinícius, minha cunhada Cláudia e meu sobrinho Bento pela companhia e pelos bons momentos vividos durante esse periódo.Gostaria de agradecer aos professores da FEARP, em especial, Bruno Ledo, Elaine Pazello, Claúdio Lucinda e Márcio Laurini pelos conselhos e sugestões. Sou grato também aos colegas de mestrado que, de alguma forma, colaboraram para a conclusão desse trabalho.Por fim, gostaria de agradecer a Renata pelas risadas, carinhos, sugestões, revisões ortográficas, e todos os momentos felizes que partilhamos até hoje.
The purpose of this article is to evaluate the importance of post-Keynesianism ideas for international scientific production of Brazilian researchers. The methodology employed uses an econometric technique in order to analyze the Brazilian participation in nine scientific journals in the course of twenty years: 1997-2016. The probability of a Brazilian co-author being greater for The Journal of Post Keynesian Economics (hereinafter JPKE) - in relation to the other journals - was evaluated by means of a logit, in which the dependent variable assumes value one when at least one co-author of the given article is Brazilian and zero otherwise. The results show that the probability of Brazilian co-authorship is greater for heterodox journals, especially JPKE.
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