Uma análise da proposta de déficit nominal zero An analysis of the zero nominal deficit proposal
<abstract language="eng">The aim of this paper is to evaluate the relationship between fiscal deficits and interest rate in Brazil. An adaptation of Taylor’s Rule is tested and the data confirmed this relationship. Furthermore, evidence from a loanable funds model shows that a lower...
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Format: | Article |
Language: | English |
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Editora 34
2007-12-01
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Series: | Brazilian Journal of Political Economy |
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Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572007000400009 |