Effects of Fiscal Policy on Macroeconomic Dynamics: Dynamics of Brazilian Public Debt and its Effects in the Recent Period
Name: WASHINGTON VALERIANO DOS SANTOS FILHO
Publication date: 05/06/2014
Advisor:
Name |
Role |
|---|---|
| RICARDO RAMALHETE MOREIRA | Advisor * |
Examining board:
| Name |
Role |
|---|---|
| ANA CAROLINA GIUBERTI | Internal Examiner * |
| RICARDO RAMALHETE MOREIRA | Advisor * |
Summary: This work deals with the theme of Fiscal Policy, and more specifically, their effects on macroeconomic dynamics. The paper analyzes the dynamics of public debt and its effects in the recent period. The overall objective was to verify if public debt is enriching effect, if the debt is there real output growth of the economy. This paper discusses the debate about the issue of public debt, presents different views on the effects of fiscal policy on macroeconomic dynamics, verifies what has been the result found by different authors for the brazilian economy and analyze the (post-real) brazilian case. Keywords: Ricardian Equivalence, Fiscal Dominance, Fiscal Theory of the Price Level, Public Debt, Fiscal Policy, Monetary Policy.
