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    • Is fiscal policy effective in Brazil? An empirical analysis 

      Mendonça, Diogo de Prince; Marçal, Emerson Fernandes; Brito, Márcio Holland de
      2016
      The main goal of this paper is to determine the effectiveness of fiscal policy in Brazil. With a sample from 1997 to 2014, we are not able to obtain the relevant impact of fiscal stimuli on output, even when altering both ...