Brazil: an empirical study on fiscal policy transmission

dc.creatorMoreira, Tito Belchior S.
dc.date.accessioned2014-01-02T18:45:36Z
dc.date.available2014-01-02T18:45:36Z
dc.date.created2014-01-02T18:45:36Z
dc.date.issued2011-04
dc.identifierhttps://hdl.handle.net/11362/11478
dc.identifierLC/G.2487-P
dc.description.abstractThis article sets out to empirically determine whether the ratiobetween debt and gross domestic product (GDP); affected real and nominalvariables such as the demand for money, the nominal interest rate,investment and the output gap, between January 1995 and March 2008.The specific aim is to identify fiscal-policy transmission channels and decidewhether this policy was active or passive in the period in question. Thestudy finds empirical evidence that fiscal policy was active and monetarypolicy passive -features that characterize a non-Ricardian model.
dc.languageen
dc.relationCEPAL Review
dc.relationCEPAL Review
dc.relation103
dc.titleBrazil: an empirical study on fiscal policy transmission
dc.typeTexto


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