Financial composition of the public deficit

Fernando Maida Dall'Acqua () and Luiz Carlos Bresser-Pereira ()

Brazilian Journal of Political Economy, 1987, vol. 7, issue 2, 216-227

Abstract: Starting from this hypothesis this paper criticizes the conventional theory aboutthe public deficit and presents an alternative model of macroeconomic analysis of the effectsof the public deficit emphasizing its internal composition between interests and real expenditures. JEL Classification: H62; H68.

Keywords: Public debt; debt interest (search for similar items in EconPapers)
Date: 1987
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