Macroeconomic and generational impacts of fiscal devaluation: an application for the Brazilian case

Tax devaluation typically involves the reduction of social security contributions on the payroll with the increase of tax on consumption. This study evaluates the impact of fiscal devaluation in Brazil on consumption, capital, output and income distribution between generations. It uses a dynamic gen...

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Bibliographic Details
Main Authors: Carlos Eduardo de Freitas, Nelson Leitão Paes
Format: Article
Language:Portuguese
Published: Universidade de São Paulo 2020-06-01
Series:Economia Aplicada
Subjects:
Online Access:http://www.revistas.usp.br/ecoa/article/view/113743