Utilize este identificador para citar ou criar um atalho para este documento: https://hdl.handle.net/10923/11122
Tipo: masterThesis
Título: Fiscal policy macroeconometrics: an application for Brazil
Autor(es): Marchionatti, Carlos
Orientador: Moraes, Gustavo Inácio de
Editora: Pontifícia Universidade Católica do Rio Grande do Sul
Programa: Programa de Pós-Graduação em Economnia do Desenvolvimento
Data de Publicação: 2017
Palavras-chave: POLÍTICA FISCAL
DESENVOLVIMENTO ECONÔMICO
ECONOMIA
Resumo: Fiscal Policy is on debate nowadays. Its impacts on GDP growth, inflation, interest and real exchange rate brought insights by the works of Alesina (2010) and Cavalcanti and Vereda (2010 and 2015). This work aims to extend the fiscal policy shocks via government spending used in Cavalcanti and Vereda’s (2015) DSGE model into different levels: federal, state and city levels. SVARs for the Brazilian economy presented new parameters for all the three levels of the DSGE model proposed. The results presented showed that although there is a temporary increase on GDP level, an expansionary fiscal policy via government spending leads to higher inflation, higher interest rates, appreciated real exchange rate and starts a recession.
Fiscal Policy is on debate nowadays. Its impacts on GDP growth, inflation, interest and real exchange rate brought insights by the works of Alesina (2010) and Cavalcanti and Vereda (2010 and 2015). This work aims to extend the fiscal policy shocks via government spending used in Cavalcanti and Vereda’s (2015) DSGE model into different levels: federal, state and city levels. SVARs for the Brazilian economy presented new parameters for all the three levels of the DSGE model proposed. The results presented showed that although there is a temporary increase on GDP level, an expansionary fiscal policy via government spending leads to higher inflation, higher interest rates, appreciated real exchange rate and starts a recession.
URI: http://hdl.handle.net/10923/11122
Aparece nas Coleções:Dissertação e Tese

Arquivos neste item:
Arquivo Descrição TamanhoFormato 
000488327-Texto+Completo-0.pdfTexto Completo1,43 MBAdobe PDFAbrir
Exibir


Todos os itens no Repositório da PUCRS estão protegidos por copyright, com todos os direitos reservados, e estão licenciados com uma Licença Creative Commons - Atribuição-NãoComercial 4.0 Internacional. Saiba mais.