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Uma Análise de Credibilidade na Política Fiscal Brasileira

Manoel Carlos de Castro Pires ()

No 1222, Discussion Papers from Instituto de Pesquisa Econômica Aplicada - IPEA

Abstract: The paper aims to study fiscal data of primary surplus expectation and debt expectation. The results showed gains of credibility in the Brazilian fiscal policy conduct because financial markets expecting less debt for near future. In addition, expectations that debt will grow up raises expectations that primary surplus will grow up too.

Pages: 19 pages
Date: 2006-10
New Economics Papers: this item is included in nep-mac
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