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Caio Machado

Biographic Data

ID5732767
NAMECaio Machado
GIVEN NAMESCaio
FAMILY NAMEMachado
SIGNATUREMACHADO C
AFFILIATIONSPontificia Universidad Católica de Chile
ORCID0000-0002-5545-6270
VERIFIEDYes
TOTAL WORKS1
TOTAL CITATIONS4
AUTHOR COUNT1
EDITOR COUNT0
FIRST PUBLICATION YEAR2018
LATEST PUBLICATION YEAR2018
H-INDEX1
  • Dynamic Coordination and the Optimal Stimulus Policies

    Open Access•Bernardo Guimaraes, Caio Machado•ARTICLE•The Economic Journal•2018•Cited by: 4•References: 48

    This article studies stimulus policies in a simple macroeconomic model featuring a dynamic coordination problem that arises from demand externalities and fixed costs of investment. In times of low economic activity, firms face low demand and hence have lower incentives for investing, which reinforces their low‐demand expectations. In a benchmark case with no shocks, the economy might get trapped in a low‐output regime and a social planner would b…

  • Dynamic Coordination and the Optimal Stimulus Policies

    Open Access•Bernardo Guimaraes, Caio Machado•ARTICLE•The Economic Journal•2018•Cited by: 4•References: 48

    This article studies stimulus policies in a simple macroeconomic model featuring a dynamic coordination problem that arises from demand externalities and fixed costs of investment. In times of low economic activity, firms face low demand and hence have lower incentives for investing, which reinforces their low‐demand expectations. In a benchmark case with no shocks, the economy might get trapped in a low‐output regime and a social planner would b…

  • Dynamic Coordination and the Optimal Stimulus Policies

    Open Access•Bernardo Guimaraes, Caio Machado•ARTICLE•The Economic Journal•2018•Cited by: 4•References: 48

    This article studies stimulus policies in a simple macroeconomic model featuring a dynamic coordination problem that arises from demand externalities and fixed costs of investment. In times of low economic activity, firms face low demand and hence have lower incentives for investing, which reinforces their low‐demand expectations. In a benchmark case with no shocks, the economy might get trapped in a low‐output regime and a social planner would b…

Demand shock (1 works) · Economic theories and models (1 works) · Economic Theory and Institutions (1 works) · Economic Theory and Policy (1 works) · Economics (1 works) · Externality (1 works) · Incentive (1 works) · Investment (military (1 works) · Macroeconomics (1 works) · Microeconomics (1 works)

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