Listagem FGV EPGE - Ensaios Econômicos por Assunto "Dívida pública - Brasil"
Itens para a visualização no momento 1-12 of 12
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An alert on the recent fall of the fiscal reaction in Brazil
2018-08Recent evaluations of how the Brazilian government’s primary surplus reacts to the evolution of the debt to GDP ratio convey two important (and worrisome) messages: first, the reaction function has been almost steadily ... -
Debt ceiling and fiscal sustainability in Brazil: a quantile autoregression approach
2006-11-01In this paper we investigate fiscal sustainability by using a quantile autoregression (QAR) model. We propose a novel methodology to separate periods of nonstationarity from stationary ones, which allows us to identify ... -
Dinâmica não-linear e sustentabilidade da dívida pública brasileira
2005-04-01This paper contributes to the debate on whether the Brazilian public debt is sustainable or not in the long run by considering threshold effects on the Brazilian Budget Deficit. Using data from 1947 to 1999 and a threshold ... -
Fiscal vulnerability in Brazil: a simulated method of moments approach
2018-08-01This article estimates a structural macroeconomic model of the Brazilian economy, with emphasis on the exchange rate, interest rate, inflation and public debt risk premium. The aim is to assess the effect of different ... -
Limite de endividamento e sustentabilidade fiscal no Brasil: uma abordagem via modelo quantílico auto-regressivo (QAR)
2005-10-01Neste artigo investigamos a sustentabilidade fiscal no Brasil através de um modelo Quantílico Auto-Regressivo (QAR). Esta metodologia nos permite caracterizar a dinâmica da dívida pública e construir uma medida limite de ... -
Public debt indexation and denomination, the case of Brazil: a comment
2005-03-01In this work I analyze the model proposed by Goldfajn (2000) to study the choice of the denomination of the public debt. The main purpose of the analysis is pointing out possible reasons why new empirical evidence provided ... -
The risk premium on brazilian government debt, 1996-2002
2003-06-28The goal of this paper is to identify the determinants of the risk premium on Brazilian government debt. As the risk premium is a component of the interest rate set by the Brazilian central bank, its reduction would make ... -
A time-varying fiscal reaction function for Brazil
2017-12-01This paper evaluates the sustainability of public debt in Brazil using monthly data from the period between January 2003 and June 2016, based on estimation of fiscal reaction functions with time-varying coefficients. Three ... -
A time-varying fiscal reaction function for Brazil
2018-05-01This paper evaluates the sustainability of public debt in Brazil using monthly data from January 2003 to June 2016, based on the estimation of fiscal reaction functions with time-varying coefficients. Three estimation ...
