7 papers
Selection of Efficient Monetary Equilibria Through Aggregate Real Savings-Based Taylor Rule
Leandro Lyra Braga Dognini
This paper uses the generalized Cass criterion to extend the results from Dognini (2026) re…
Deep Projections and the Local Nature of the Cass Criterion
Leandro Lyra Braga Dognini
This paper defines the deep projections of the indifference and the offer hypersurfaces. These projections are used to measure how much the trade hyperplane must be curved to reach…
Existence and Calculation of Optimal Monetary Equilibria on Overlapping Generations Economies
Leandro Lyra Braga Dognini
A well-known feature of overlapping generations economies is that the First Welfare Theorem fails and equilibrium may be inefficient. The Cass (1972) criterion furnishes a necessar…
A Closer Look on the Influence of Constraints Upon the Optimization of the Nonadditive Entropic Functional
Leandro Lyra Braga Dognini, Constantino Tsallis
The thermal-equilibrium canonical distribution is currently obtained by maximizing the Boltzmann-Gibbs-von Neumann-Shannon entropy const…
The Design of Optimally Balanced Pay-as-you-go Social Security Systems
Leandro Lyra Braga Dognini
This paper bridges social security design and general equilibrium theory to conceive optimally balanced pay-as-you-go systems. The design is based on the backward calculation algor…
Generalized Boltzmann-Gibbs Distribution and the Electronic Partition Function Paradox
Leandro Lyra Braga Dognini
This paper generalizes the entropy maximization problem leading to the Boltzmann-Gibbs distribution through the nonadditive entropy $S_{q,s}(p)=k_{s}\sum^{W}_{i\geq1}p_{i}\ln_{q}1/…