other selected variables when explaining output fluctuations in Brazil. Using the money market rate as a policy instrument …, impulse response functions indicate that shocks to the interest rate, the external debt, or the inflation rate have an inverse … inversely to shocks to the external debt, currency depreciation, or inflation. Therefore, the choice of different monetary …

This paper provides new insights on the relationship between public debt and economic growth in Brazil. We used Granger …, both in the short and long run; iv) the dynamic between debt and growth in the long run is influenced by the inflation rate …

This paper provides new insights on the relationship between public debt and economic growth in Brazil. We used Granger …, both in the short and long run; iv) the dynamic between debt and growth in the long run is influenced by the inflation rate …