Mendonça, Mário Jorge Cardoso de; Medrano, Luis Alberto; … - 2009
This article investigates the effects of fiscal policy shock in the Brazilian economy using quarterly data during the …. We find that in response of an expansionary shock of public expenditures the private consumption increases surely. It can … shock of the public net revenues. But in long run the probability of this response to be positive rises strongly.With 76 …