Fiscal policy contradiction: a perspective on Brazil and Mexico

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dc.contributor.authorEustaquio Casagrande, Elton [UNESP]
dc.contributor.authorVaz Garcia, Renato
dc.contributor.institutionUniversidade Estadual Paulista (Unesp)
dc.contributor.institutionUniv Sofocaba UNISO
dc.date.accessioned2014-05-20T13:21:59Z
dc.date.available2014-05-20T13:21:59Z
dc.date.issued2011-07-01
dc.description.abstractThe aim of this paper is to discuss the quality of fiscal policy in Brazil and Mexico and investigate whether fiscal policy influence is favorable to reduce the unemployment rate. Public spending, which has a positive effect on the level of employment when results in additional aggregate demand, may cause a negative effect on employment, if its financing depends on persistent high interest rates. Brazil and Mexico have engaged in a long effort to control public spending and to reduce the public deficit to zero. Does this policy bring a positive result to the economic activity no matter how actual public deficit has been financed? We select variables related to public budget as public sector borrowing requirements, taxes, public debt and others to form a data base. The fiscal institutional arrangement and the data allow us to evaluate the fiscal policy as a whole and to discuss the importance of credibility and reputation of the government.en
dc.description.affiliationUniv São Paulo State UNESP, Dept Econ, São Paulo, Brazil
dc.description.affiliationUniv Sofocaba UNISO, Sofocaba, SP, Brazil
dc.description.affiliationUnespUniv São Paulo State UNESP, Dept Econ, São Paulo, Brazil
dc.format.extent127-+
dc.identifierhttp://redalyc.org/articulo.oa?id=60120242006
dc.identifier.citationInvestigacion Economica. Coyoacan C P: Univ Nacional Autonoma Mexico, v. 70, n. 277, p. 127-+, 2011.
dc.identifier.issn0185-1667
dc.identifier.urihttp://hdl.handle.net/11449/6395
dc.identifier.wosWOS:000296209300006
dc.language.isoeng
dc.publisherUniv Nacional Autonoma Mexico
dc.relation.ispartofInvestigacion Economica
dc.relation.ispartofjcr0.390
dc.relation.ispartofsjr0,132
dc.rights.accessRightsAcesso restrito
dc.sourceWeb of Science
dc.subjectfiscal policyen
dc.subjectpublic debten
dc.subjectpublic expenditureen
dc.subjectemploymenten
dc.titleFiscal policy contradiction: a perspective on Brazil and Mexicoen
dc.typeArtigo
dcterms.rightsHolderUniv Nacional Autonoma Mexico

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