IDEAS home Printed from https://ideas.repec.org/p/anp/en2006/154.html
   My bibliography  Save this paper

Dívida Pública, Poupança Em Conta Corrente Do Governo E Superávit Primário: Uma Análise De Sustentabilidade

Author

Listed:
  • Alexandre Manoel Angelo da Silva
  • Manoel Carlos de Castro Pires

Abstract

On this paper, we propose a change in the primary surplus´ target by the government current account saving. This concept excludes public investment from primary surplus. However, of this change has raised a question about if government current account saving represents a sustainable fiscal policy. Therefore, this paper has analysed if the change in the primary surplus` target by the government current account saving implies a meaning modification on the debt-to-GDP ratio path. The empirical analysis, based on Brazilian monthly data for the period 1999-2005, suggests that the change in fiscal target has not meant a lack of sustainability.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Alexandre Manoel Angelo da Silva & Manoel Carlos de Castro Pires, 2006. "Dívida Pública, Poupança Em Conta Corrente Do Governo E Superávit Primário: Uma Análise De Sustentabilidade," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 154, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
  • Handle: RePEc:anp:en2006:154
    as

    Download full text from publisher

    File URL: http://www.anpec.org.br/encontro2006/artigos/A06A154.pdf
    Download Restriction: no

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pires, Manoel Carlos de Castro & Rocha, Bruno & Goto, Fábio, 2010. "Fiscal policy in times of crisis: macroeconomic effects of the primary surplus," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:anp:en2006:154. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Rodrigo Zadra Armond). General contact details of provider: http://edirc.repec.org/data/anpecea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.