O debate sobre a redução do déficit fiscal no Brasil: uma crítica pós-keynesiana [The debate over the reduction of the fiscal deficit in Brazil: a post-Keynesian critique]

Mariana de Lourdes Moreira Lopes and Maria de Lourdes Mollo ()
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Mariana de Lourdes Moreira Lopes: Secretaria do Tesouro Nacional

Nova Economia, 2011, vol. 21, issue 1, 67-103

Abstract: The article analyses the debate over fiscal deficit reduction in Brazil from a post-Keynesian perspective. After an overview of the conclusions about the role of money and of the State that are the basis of the controversies about fiscal policy, monetary policy and the consequent prescribed manner of reducing fiscal deficits, the article illustrates this debate with estimates of VAR models, and agrees with the heterodox side of the controversy.

Keywords: Post-Keynesianism; fiscal policy; monetary policy (search for similar items in EconPapers)
JEL-codes: E12 E62 E63 (search for similar items in EconPapers)
Date: 2011
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