This discussion paper intends to complement the analyzes carried out in Gobetti (2015), updating the diagnosis of the development of fiscal balances of the Brazilian public sector from the new series of GDP released by IBGE and statistics "above the line" that incorporate regional level of...

This paper offers new estimates of the main macroeconomic aggregates related to the federal public administration accounts; it adopts the methodology of the National Accounts System, but, differently from the IBGE, it measures the expenditure on a cash basis rather than on a accrual basis. The...

This article presents new monthly estimates of the gross fixed capital formation of the Brazilian general government for the 2002-2010 years. A significant research effort was made to carry out the estimations. First, the many differences between the concepts of "public investment" (as used in...

This paper presents a critical assessment of income and profit taxation in Brazil. It discuss how tax cuts for capital income during the eighties and nineties, following mainstream policy recommendations, have constrained the redistributive role of the income tax. The analysis is based on...

This paper presents a critical analysis of income and profit taxes in Brazil, demonstrating how measures adopted in the 1980s and 1990s, as a result of mainstream recommendations, hindered the redistributive role of taxes in the country. Investigation of tax data reveals a high degree of income...

"The goal of this study is to evaluate the fiscal condition of the Brazilian public sector, focusing on the situation of state governments in the North and Northeast regions of the country and on international financing for rural development. The paper comprises six sections, including this...

The evaluation of a tax system - that is, the set of legal rules that governs the exercise of authoritative rule by various government entities in the form of tax collection in the country - is notoriously controversial in Brazil, as elsewhere. The tax system plays a central role in a modern...