文章基本信息
- 标题：Uma análise da proposta de déficit nominal zero
- 其他标题：An analysis of the zero nominal deficit proposal
- 本地全文：下载
- 作者：Pires, Manoel Carlos de Castro
- 期刊名称：Revista de Economia Política
- 印刷版ISSN：0101-3157
- 电子版ISSN：1809-4538
- 出版年度：2007
- 卷号：27
- 期号：4
- 页码：651-663
- DOI：10.1590/S0101-31572007000400009
- 语种：Portuguese
- 出版社：Centro de Economia Política
- 摘要：
The aim of this paper is to evaluate the relationship between fiscal deficits and interest rate in Brazil. An adaptation of Taylors Rule is tested and the data confirmed this relationship. Furthermore, evidence from a loanable funds model shows that a lower deficit can bring interest rate down. However, policy coordination is a key feature in this process.
- 其他关键词：interest rate;monetary policy;fiscal policy
