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Uma Análise de Credibilidade na Política Fiscal Brasileira

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  • Manoel Carlos de Castro Pires

Abstract

The paper aims to study fiscal data of primary surplus expectation and debt expectation. The results showed gains of credibility in the Brazilian fiscal policy conduct because financial markets expecting less debt for near future. In addition, expectations that debt will grow up raises expectations that primary surplus will grow up too.

Suggested Citation

  • Manoel Carlos de Castro Pires, 2006. "Uma Análise de Credibilidade na Política Fiscal Brasileira," Discussion Papers 1222, Instituto de Pesquisa Econômica Aplicada - IPEA.
    • Handle: RePEc:ipe:ipetds:1222
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    File URL: http://www.ipea.gov.br/portal/images/stories/PDFs/TDs/td_1222.pdf
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    References listed on IDEAS

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