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dc.contributor.authorGarcia, Renato Vaz
dc.contributor.authorCasagrande, Elton Eustaquio [UNESP]
dc.identifier.citationInvestigación Económica, v. 70, n. 277, p. 15-40, 2011.
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 who leand to discuss the importance of credibility and reputation of the government.en
dc.relation.ispartofInvestigación Económica
dc.sourceCurrículo Lattes
dc.titleFiscal policy contradiction: a perspective on Brazil and Mexicoen
dc.contributor.institutionUniversidade Estadual Paulista (UNESP)
dc.description.affiliationUniversidade Estadual Paulista Júlio de Mesquita Filho, Departamento de Economia, Faculdade de Ciências e Letras de Araraquara
dc.description.affiliationUnespUniversidade Estadual Paulista Júlio de Mesquita Filho, Departamento de Economia, Faculdade de Ciências e Letras de Araraquara
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unesp.campusUniversidade Estadual Paulista (UNESP), Faculdade de Ciências e Letras, Araraquarapt
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