| DC Field | Value | Language |
|---|
| dc.contributor.advisor | Moraes, Gustavo Inácio de | |
| dc.contributor.author | Marchionatti, Carlos | |
| dc.date.accessioned | 2018-03-09T12:01:23Z | - |
| dc.date.available | 2018-03-09T12:01:23Z | - |
| dc.date.issued | 2017 | pt_BR |
| dc.identifier.uri | http://hdl.handle.net/10923/11122 | - |
| dc.description.abstract | 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. | pt_BR |
| dc.description.abstract | 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. | en_US |
| dc.language.iso | Português | pt_BR |
| dc.publisher | Pontifícia Universidade Católica do Rio Grande do Sul | pt_BR |
| dc.rights | openAccess | en_US |
| dc.subject | POLÍTICA FISCAL | pt_BR |
| dc.subject | DESENVOLVIMENTO ECONÔMICO | pt_BR |
| dc.subject | ECONOMIA | pt_BR |
| dc.title | Fiscal policy macroeconometrics: an application for Brazil | pt_BR |
| dc.type | masterThesis | pt_BR |
| dc.degree.grantor | Pontifícia Universidade Católica do Rio Grande do Sul | pt_BR |
| dc.degree.department | Escola de Negócios | pt_BR |
| dc.degree.program | Programa de Pós-Graduação em Economnia do Desenvolvimento | pt_BR |
| dc.degree.level | Mestrado | pt_BR |
| dc.degree.date | 2017 | pt_BR |
| dc.publisher.place | Porto Alegre | pt_BR |
| Appears in Collections: | Dissertação e Tese
|
