Advanced search
Start date
Betweenand

The pattern of Brazilian fiscal policy and the role of fiscal responsibility law

Grant number: 12/04600-0
Support type:Scholarships in Brazil - Doctorate
Effective date (Start): July 01, 2012
Effective date (End): June 30, 2015
Field of knowledge:Applied Social Sciences - Economics - Fiscal and Monetary Policies
Principal researcher:Fabiana Fontes Rocha
Grantee:Carlândia Brito Santos Fernandes
Home Institution: Faculdade de Economia, Administração e Contabilidade (FEA). Universidade de São Paulo (USP). São Paulo , SP, Brazil
Associated scholarship(s):13/07326-9 - The pattern of fiscal policy in developing economies: there is a trap of procyclical fiscal policy?, BE.EP.DR

Abstract

In the literature it has been argued that developing countries conduct their fiscal policies differ from those practiced in industrialized countries: while the former adopt the kind of pro-cyclical, destabilizing, which intensifies recessions and does not allow the operation of automatic stabilizers, countries of high income typically use counter-cyclical, stabilizer. The main reason that would lead developing countries to adopt such a policy would achieve credibility. The main objective of this research is to analyze the fiscal policy in Brazil between 1999 and 2009 has been pro-cyclical or counter-cyclical and its determinants, and discuss the role of the Fiscal Responsibility Law in this context. To this, will be estimate a model to obtain the structural balance of the fiscal budget, that is, a way to monitor fiscal policy.

News published in Agência FAPESP Newsletter about the scholarship:
Articles published in other media outlets (0 total):
More itemsLess items
VEICULO: TITULO (DATA)
VEICULO: TITULO (DATA)