This discussion paper intends to complement the analyzes carried out in Gobetti (2015), updating the diagnosis of the development of fiscal balances of the Brazilian public sector from the new series of GDP released by IBGE and statistics "above the line" that incorporate regional level of...

This work aims to analyze if the trajectory and composition of net and gross, public debt and external liabilities can hinder the growth of Brazilian GDP. The work concludes that fiscal indicators are more comfortable that external indicators. The net public debt is falling and less linked to...

This paper provides a survey of the methodologies for estimating the structural budget balance and the fiscal impulse, which highlights the recent international literature spread by European Commission studies (Havik et al., 2014; Carnot e Castro, 2015). From this theoretical background, the paper...