Browsing by Title "Public debt sustainability and endogenous seigniorage in Brazil: time-series evidence from 1947-1992"

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Public debt sustainability and endogenous seigniorage in Brazil: time-series evidence from 1947-1992

Issler, João Victor; Lima, Luiz Renato
2000-06

In this paper, we investigate three central issues in public finance. First, was the path of public debt sustainable during 1947-1992? Second, how has the government balanced the budget after shocks to either revenues or ...