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This article presents various econometric specifications - most notably Markov- Switching models - for the fiscal reaction function of the Brazilian consolidated public sector after the 1994 ?Real Plan?. The results reported here strongly suggest that a major structural break has happened in the...
Persistent link: https://www.econbiz.de/10010330486
This paper presents a simplified methodology for estimating quarterly figures for both the Brazilian government transfers and net aggregate tax burden in the 1995-2007 years. It also describes the main stylized facts observed in the data in this period, calling attention to the fact that...
Persistent link: https://www.econbiz.de/10010330536
This text aims to offer three contributions to the study of Brazilian public expenditures on health and education. First by constructing annual and bimonthly estimates of these expenditures in order to allow time series analyses of their historical evolution. Second by analysing the relative...
Persistent link: https://www.econbiz.de/10011818863
This paper analyzes the personnel expenditures in the Brazilian federal civil public service using administrative records from the Executive Branch. There are two contributions which are noteworthy because they may improve the understanding of policy makers regarding the evolution of those...
Persistent link: https://www.econbiz.de/10011818939