Monetary And Fiscal Policy
Mostrando 13-24 de 30 artigos, teses e dissertações.
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13. Políticas monetária e fiscal ativas e passivas : uma análise para o Brasil pós-metas de inflação
A falta de coordenação das políticas fiscal e monetária no Brasil, freqüentemente, tem sido apontada como motivo para os desequilíbrios macroeconômicos que a economia enfrentou nas últimas três décadas. No período mais recente, pós-metas de inflação, diversos autores apontaram a política fiscal ativa como fator restritivo ao desempenho da pol�
Publicado em: 2010
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14. Interação entre política fiscal e monetária, independência do Banco Central e competição eleitoral : uma abordagem de teoria dos jogos
Based in a model that considers the interactions between monetary and fiscal policy and the role of societys expectations about the price level we study the relevance of central bank independence and the electoral effects created by an opportunistic policymaker using the framework of Game Theory in settings of complete and asymmetric information. Under compl
Publicado em: 2008
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15. Ensaios sobre política monetária e fiscal no Brasil
Esta tese apresenta três ensaios sobre política monetária e fiscal dentro do atual regime de metas de inflação. O primeiro ensaio buscou estudar uma possível integração monetária-fiscal ao determinar uma regra ótima de política monetária com restrição fiscal, analisando os efeitos de diversas preferências sobre a regra ótima em função da al
Publicado em: 2008
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16. Earmarked revenues after the Federal Constitution of 1988 Rigidity or flexibility? : the case of CIDE-Combustíveis / A vinculação de receita pós-Constituição Federal de 1988 - rigidez ou flexibilidade? : o caso da CIDE-combustíveis
After the Federal Constitution of 1988 and, especially, after the monetary stability brought about by Plano Real in 1994, a persistent increase in mandatory expenses has been noticed in Brazil, mainly in the social area. The growth of mandatory expenses, the high level of mandatory financial transfers, imposed by laws and the Constitution itself, the obligat
Publicado em: 2008
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17. Tests applied in macroeconomics: exchange rate expectations and inflation / Ensaios aplicados de macroeconomia: taxa de câmbio e expectativas de inflação
This doctoral thesis consists of three essays in applied macroeconomics. The first essay retakes the classic result of the article by Meese and Rogoff (1983), in which the authors found strong evidence that no structural model for the exchange rate surpasses the projections of a random walk model. In this first essay we compare the error of the projections f
Publicado em: 2008
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18. Para superar el estancamiento económico en México: "nudos críticos" de un proyecto nacional de desarrollo
This article is devoted to analyze changes in economic policy to be adopted by Mexico if a national development project were implemented. Starting from an evaluation of the main economic and political outcomes of Vicente’s Fox administration, the author proposes an alternative development strategy which permits Mexico to overcome economic stagnation. That
Brazilian Journal of Political Economy. Publicado em: 2007-12
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19. Fiscal dominance and the fiscal reaction rule: an empirical analysis for Brazil / Dominância fiscal e a regra de reação fiscal: uma análise empírica para o Brasil
This research, which is divided into two parts, tests the hypothesis of fiscal dominance and estimates a fiscal reaction rule for Brazil. In the first part we investigate the existence of fiscal dominance in Brazil beginning 1999 ? the starting point of primary surplus targets by the Government ? through an impulse response function. Our analysis indicates t
Publicado em: 2007
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20. ESTUDANDO FLUTUAÇÕES DA POTÊNCIA DA POLÍTICA MONETÁRIA / STUDYING FLUCTUATIONS IN THE POTENCY OF MONETARY POLICY
Monetary policy in Brazil has been working, since 1999, under an inflation targeting regime, in which interest rates are the main instruments in achieving the targets. This dissertation studies the effect of monetary policy on the economy`s output and reasons for its fluctuations, through the estimation of an IS curve for Brazil. We find a significant effect
Publicado em: 2007
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21. The interaction between monetary and fiscal policies brazilian experience between 1995 and 2006 / A natureza da relação entre as políticas fiscal e monetária: uma análise do caso brasileiro entre 1995 e 2006
Analisamos a interação entre as políticas fiscal e monetária na história econômica recente do país, avaliando em que medida essas políticas atuaram de forma complementar ou substitutiva. O trabalho que seguiu a linha de Zoli (2005), adotando algumas propostas de Mélitz (2000). Focamos, desta forma, na estimação de uma função de reação da polí
Publicado em: 2007
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22. Função de reação da política fiscal e intolerância da dívida: o caso brasileiro no período pós-real / Reaction Function of the Fiscal Policy and Debt Intolerance: The Brazilian Case in the Post-Real Period
Analyses of the sustainability of public debt across time in emerging countries are increasingly gaining in importance in the international economic debate, due to their importance for the evaluation of the macroeconomic policies of these countries. Following the June 1994 monetary reform that did away with hyperinflation, a major fiscal imbalance came to li
Publicado em: 2007
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23. Independência do banco central e equilíbrio fiscal: algumas observações para o caso brasileiro
The objective of this paper is to analyze the main theoretical arguments for the analysis of the conduction of monetary policy on the fiscal side. Besides this, an analysis is made of the possible effects on the fiscal balance from the conduction of the monetary policy in the search for price stability after the Real Plan and due to an increase in the centra
Brazilian Journal of Political Economy. Publicado em: 2006-03
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24. JUROS ALTOS NO BRASIL: UMA ABORDAGEM TEÓRICA / HIGH INTEREST RATES IN BRAZIL: A THEORETICAL APPROACH
This work proposes and analyses, in the context of dynamic stochastic general equilibrium models with price rigidities, possible explanations for the stylized fact that interest rates in Brazil are exceedingly high. The implications of different hypothesis applied to the model are analyzed through impulse response functions (IRFs). Whenever possible, empiric
Publicado em: 2006