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Based on the hypothesis that the rulers of monetary and fiscal policy in Brazil may have been submitted to different regimes, the present study applies Leeper model (1991; 2005) in order to identify the chronology of policy regimes regarding their active and passive character. The policy rules are...
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This study aims to revisit the issue of the sustainability of public indebtedness in Brazil, investigating the evolution of gross debt of public sector, the relationship between its liabilities and assets of the public sector, the future implications of gross debt to net debt and to make...
Persistent link: https://www.econbiz.de/10011483684
This study aims to examine the sustainability of the Brazilian public indebtedness using different approaches. Based on the analysis of the conditioning factors of net debt of the public sector (DLSP) in the period 2002-2014, there seems to be a change in fiscal regime between 2011 and 2014...
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We tested, empirically, whether the Brazilian fiscal policy for the period between 1995: I to 2008: III was active or passive. To analyze fiscal policy transmission mechanisms, we estimated functions by which the public debt/GDP ratio affects investment, primary surplus, output gap and the...
Persistent link: https://www.econbiz.de/10013106124
Purpose – An important question about the determinants of suicide refers to the role of media. In this context, the purpose of this paper is to investigate if there are groups of people who are susceptible to suicide as a result of the effect of media. Design/methodology/approach – Using...
Persistent link: https://www.econbiz.de/10012992497
The paper investigates the existence of discrimination amongst lawyers in the private sector of the Brazilian labor market. Using the random-effects approach to estimate earnings equations, combined with the Oaxaca-Ransom (1994, 1999) decomposition methodology, we test the hypothesis that wage...
Persistent link: https://www.econbiz.de/10014173526