We use a new narrative measure of fiscal shocks to study how private consumption reacts to government spending increases. Our fiscal shocks arise from three announcements of expansionary fiscal rule deviations in a small ...

O trabalho apresenta um estudo (panorama) da política fiscal no Brasil no período de 1994 a 2008, analisando as receitas federais, as despesas da União, as variáveis Resultado Primário do Governo Central, Necessidade de ...

O trabalho apresenta um estudo (panorama) da política fiscal no Brasil no período de 1994 a 2008, analisando as receitas federais, as despesas da União, as variáveis Resultado Primário do Governo Central, Necessidade de ...

We exploit a discontinuity in Brazilian municipal election rules to investigate whether political competition has a causal impact on policy choices. In municipalities with less than 200,000 voters mayors are elected with ...

This paper examines the role of fiscal policy, trade and energy taxes on environmental quality in Europe using disaggregated data at the monitoring station level for the 12 richest European countries spanning the period ...