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Anticipated and unanticipated fiscal shocks in an estimated DSGE model for the Brazilian economy

Cavalcanti, Marco Antônio Freitas de Hollanda; Vereda, … - 2023

We estimate a DSGE model for Brazil that includes both anticipated and unanticipated fiscal shocks. The model contains …, we find that anticipated shocks are less relevant in Brazil when compared to other countries, and that the degree of …

Persistent link: https://www.econbiz.de/10014428792

Estimating a stylized fiscal policy DSGE model for Brazil

Pereira, Rodrigo Mendes - 2019

key features of the Brazilian economy. I first calibrate and then I use Bayesian methods to estimate the model for Brazil …-cyclicality of the fiscal policy in Brazil. Moreover, the results suggest that tax rate changes have been used to counter changes in …

Persistent link: https://www.econbiz.de/10012061796

Political cycles in Latin America : more evidence on the Brazilian economy

Costa Júnior, Celso José; García-Cintado, Alejandro; … - In: Latin American economic review : LAER ; official … 30 (2021), pp. 1-17

line with what the consensus in this literature states for the case of Brazil. …

Persistent link: https://www.econbiz.de/10012818003

A small open economy model to assess macroeconomic policy performance : the case of Malaysia

McNelis, Paul D. - 2023

Persistent link: https://www.econbiz.de/10014426512

The role of fiscal policy : a survey of recent empirical findings

Le, Vo Phuong Mai; Meenagh, David; Minford, Patrick - 2023

DSGE models based on New Keynesian principles, which have been extended to allow for banking, the zero lower bound on interest rates (ZLB), and varying price duration, can account well for recent macroeconomic behavior across a variety of economies. These models Önd that active Öscal policy...

Persistent link: https://www.econbiz.de/10014433366