The effects of fiscal policy on interest rates to private sector: a panel data approach for Latin America

• Grant number: 15/10358-5
• Support Opportunities: Scholarships in Brazil - Master
• Start date: August 01, 2015
• End date: February 29, 2016
• Field of knowledge: Applied Social Sciences - Economics - Fiscal and Monetary Policies
• Agreement: Coordination of Improvement of Higher Education Personnel (CAPES)
• Principal Investigator: Fabiana Fontes Rocha
• Grantee: Victor Magalhães Cezarini
• Host Institution: Faculdade de Economia, Administração e Contabilidade (FEA). Universidade de São Paulo (USP). São Paulo , SP, Brazil

Abstract

This study aims to analyze the relationship between interest rates and the government's main fiscal indicators, such as primary surplus, public debt and current account surplus. The analysis will be done using quarterly time series since the 90s and it will include the major economies of Latin America that did not have defaulted in the past 20 years. To estimate these relationships we will use Unit Root tests, Panel Cointegration and the Dynamic Panel Methodology. (AU)

Academic Publications

(References retrieved automatically from State of São Paulo Research Institutions)

CEZARINI, Victor Magalhães. About the determinants of sovereign bond yields a panel data study for emerging markets. 2016. Master's Dissertation - Universidade de São Paulo (USP). Faculdade de Economia, Administração e Contabilidade (FEA/SBD) São Paulo.