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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Bibliographic Details
Main Author: Manoel Carlos de Castro Pires
Format: Article
Language:English
Published: Editora 34 2007-12-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572007000400009