Este trabalho examina se ilusão fiscal pode ajudar a explicar o comportamento das despesas do governo federal brasileiro durante o período 1990-2011. Utiliza-se um modelo do eleitor mediano que admite que o grau de visibilidade dos tributos pode afetar a percepção do contribuinte quanto à...

Neste artigo, analisa-se pioneiramente a eficiência das câmaras legislativas municipais brasileiras, a partir do estimador não paramétrico FDH (free disposal hull), com a respectiva correção de seu viés. Em termos regionais, os resultados obtidos mostram grande concentração de câmaras...

A reflexão desenvolvida neste texto é sobre um aspecto, em certa medida, negligenciado na literatura do federalismo fiscal brasileiro: o custo da renegociação das dívidas estaduais e seus impactos sobre os governos estaduais. Argumenta-se, de um lado, que os subsídios implícitos...

Este artigo realiza, por meio da técnica Markov Switching Vector Autorregressive (MS-VAR), uma análise da receita primária, da despesa primária, do investimento e do consumo do governo federal brasileiro, de modo a verificar se estes itens se comportaram de maneira pró ou anticíclica em...

The main goal of this paper is to describe Northeast, North and Center-West Constitutional Financing Fund loans by municipalities, investigating if the resources allocations of the funds are concentrated in the most dynamics municipalities and if there are concentration loans for groups of...

There are many researchers who claim that social policies are the right ones to foster the development of the Northeast Brazil. There are others, however, who support the attraction of outside firms to bolster the development. This paper fits into this debate by investigating the correlations on...

On this paper, we propose a change in the primary surplus´ target by the government current account saving. This concept excludes public investment from primary surplus. However, of this change has raised a question about if government current account saving represents a sustainable fiscal...

On this paper, we evaluate the relationship among expectations of fiscal policy and fiscal policy consistency, which is denoted by some public account variables. Our main proposal is to investigate if the expectations are affected by fiscal policy consistency. The empirical analysis, based on...

During the period 2000-2003, this paper evaluates and compares the efficacy of Financing Constitutional Fund of the Northeast (FNE), North (FNO) and Center- West (FCO) loans using propensity score estimates of firms that have received loans and of others that have not. In relation to FNE, the...

In this article, we investigate which variables determine the income per capita growthrates of the Alagoas? municipalities (up to 50.000 inhabitants) and of the Minas Gerais?municipalities (up to 50.000 inhabitants) between 1991 and 2000. In the econometricanalysis, we do not find spatial...