Budget Constraint
Fernando de Holanda Barbosa () and
Luiz Antônio de Lima Junior ()
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Fernando de Holanda Barbosa: Brazilian School of Economics and Finance
Luiz Antônio de Lima Junior: Federal University of Juiz de Fora, campus Governador Valdares (Brazil)
Chapter 15 in Workbook for Macroeconomic Theory, 2025, pp 287-299 from Springer
Abstract:
Abstract This chapter presents empirical evidence: (i) on chronic inflation; (ii) the three pathologies, namely public debt crises, external debt crises and hyperinflation and (iii) the adjustment of government bonds prices to a fiscal imbalance.
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-031-82017-5_15
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DOI: 10.1007/978-3-031-82017-5_15
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