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This article presents various econometric specifications - most notably Markov- Switching models - for the "fiscal reaction function" of the Brazilian consolidated public sector after the 1994 ?Real Plan?. The results reported here strongly suggest that a major structural break has happened in...
Persistent link: https://www.econbiz.de/10003748309
This article presents a linear econometric model with variable coefficients for the analysis of the quarterly dynamics of the Brazilian gross tax burden in the 1995-2008 years.The choice of this particular model was motivated by the constant changes made in the Brazilian tax system during these...
Persistent link: https://www.econbiz.de/10003916579
The aim of this article is to estimate a Bayesian factorial dynamic model for the analysis and forecasting of the Brazilian tax burden (BTB) using monthly data from 1996 to 2007. Twenty taxes are responsible for about 80% of the BTB, each of which with a distinct seasonal pattern The factorial...
Persistent link: https://www.econbiz.de/10003922477
This article discusses the dynamics of both the size and the composition of the Brazilian aggregate tax burden (BATB) in the 1995-2007 period and presents several (linear and non-linear) econometric specifications for this last variable. Our main conclusion - based both on the analysis of the...
Persistent link: https://www.econbiz.de/10003748584
Persistent link: https://www.econbiz.de/10003909666
This paper aims to shed light on the dynamics of Brazilian services inflation in the 1999-2014 years. In order to do that, it first identifies all disaggregated components of the Brazilian consumer price index (IPCA) that can be characterized as services. These components are then translated...
Persistent link: https://www.econbiz.de/10011430280