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This paper aims to show that the fiscal and monetary counter-cyclical actions implemented by Brazilian government after the financial crisis were frugal: the monetary policy was late and slowly slackened and the fiscal policy sustain a primary surplus budget, in the opposite direction of much...
Persistent link: https://www.econbiz.de/10010330546
Persistent link: https://www.econbiz.de/10003917544
Persistent link: https://www.econbiz.de/10003990792
This paper aims to show that the fiscal and monetary counter-cyclical actions implemented by Brazilian government after the financial crisis were frugal: the monetary policy was late and slowly slackened and the fiscal policy sustain a primary surplus budget, in the opposite direction of much...
Persistent link: https://www.econbiz.de/10009230816
Persistent link: https://www.econbiz.de/10011687286
Persistent link: https://www.econbiz.de/10011833349