Showing 1 - 10 of 267
"This paper relaxes some key assumptions in the probabilistic approach to fiscal sustainability. First, the authors identify structural breaks over the sample period used to estimate the covariance matrix of the shocks to the debt ratios. Second, the assumption of normality of the shocks is...
Persistent link: https://www.econbiz.de/10010521050
"The authors describe the main trends of Brazil's fiscal policy during the past decade and analyze (1) the ability to … Brazil. But the relationship is nonlinear: the impact of the primary balance on spreads is amplified as the debt ratio … disappointing growth performance in Brazil during the past decade. "--World Bank web site …
Persistent link: https://www.econbiz.de/10010522058
"This paper discusses trends in fiscal adjustment in Brazil since the 1990s, with particular emphasis on the …
Persistent link: https://www.econbiz.de/10010522248
framework in the second part of the decade, Brazil suffered a major public debt and currency crisis in 2002. Though the …
Persistent link: https://www.econbiz.de/10010522687
This document is part of a series of reports by the World Bank on Brazil's potential to foment more robust economic … Brazil, with an emphasis on public sector spending. The report is divided into two volumes. This first volume distills the …
Persistent link: https://www.econbiz.de/10012553144
This document is part of a series of reports by the World Bank on Brazil's potential to foment more robust economic … Brazil, with an emphasis on public sector spending. The report is divided into two volumes. This first volume distills the …
Persistent link: https://www.econbiz.de/10012553146
Although the State of Ceara, in Brazil, is a model of good economic, and fiscal performance given its poverty status …
Persistent link: https://www.econbiz.de/10012558944
Although the State of Ceara, in Brazil, is a model of good economic, and fiscal performance given its poverty status …
Persistent link: https://www.econbiz.de/10012558945
Persistent link: https://www.econbiz.de/10000085284
Persistent link: https://www.econbiz.de/10000663828