Browsing by Title "Public debt sustainability and endogenous seignorage in Brazil: time-series evidence from 1947-92"

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Public debt sustainability and endogenous seignorage in Brazil: time-series evidence from 1947-92

Issler, João Victor; Lima, Luiz Renato Regis de Oliveira
1997-06

Using national accounts data for the revenue-GDP and expenditure GDP ratios from 1947 to 1992, we examine two central issues in public finance. First, was the path of public debt sustainable during this period? Second, if ...