Fiscal policy contradiction: a perspective on Brazil and Mexico
Fuente:
Redalyc
Salvato in:
| Autore principale: | |
|---|---|
| Natura: | Artículo científico |
| Lingua: | en |
| Pubblicazione: |
Universidad Nacional Autónoma de México
2011
|
| Soggetti: | |
| Accesso online: | |
| Tags: |
Aggiungi Tag
Nessun Tag, puoi essere il primo ad aggiungerne!!
|
| _version_ | 1876464668276424704 |
|---|---|
| author | Elton Eustaquio Casagrande |
| author_facet | Elton Eustaquio Casagrande |
| contents | Fiscal policy contradiction: a perspective on Brazil and Mexico Elton Eustaquio Casagrande Renato Vaz García Economía y Finanzas employment public debt Fiscal policy public expenditure The aim of this paper is to discuss the quality of fiscal policy in Brazil and Mexico and investigate whether fiscal policy influence is favorable to reduce the unemployment rate. Public spending, which has a positive effect on the level of employment when results in additional aggregate demand, may cause a negative effect on employment, if its financing depends in persistent high interest rates. Brazil and Mexico have engaged in a long effort to control public spending and to reduce the public deficit to zero. Does this policy bring a positive result to the economic activity no matter how actual public deficit has been financed? We select variables related to public budget as public sector borrowing requirements, taxes, public debt and others to form a data base. The fiscal institutional arrangement and de data allow us to evaluate the fiscal policy as a whole and to discuss the importance of credibility and reputation of the government. 2011 artículo científico 0185-1667 https://www.redalyc.org/articulo.oa?id=60120242006 en http://www.redalyc.org/revista.oa?id=601 Investigación Económica application/pdf Universidad Nacional Autónoma de México Investigación Económica (México) Num.277 Vol.LXX |
| format | Artículo científico |
| id | redalyc_60120242006 |
| institution | Redalyc |
| language | en |
| publishDate | 2011 |
| publisher | Universidad Nacional Autónoma de México |
| spellingShingle | Fiscal policy contradiction: a perspective on Brazil and Mexico Elton Eustaquio Casagrande Economía y Finanzas employment public debt Fiscal policy public expenditure Fiscal policy contradiction: a perspective on Brazil and Mexico Elton Eustaquio Casagrande Renato Vaz García Economía y Finanzas employment public debt Fiscal policy public expenditure The aim of this paper is to discuss the quality of fiscal policy in Brazil and Mexico and investigate whether fiscal policy influence is favorable to reduce the unemployment rate. Public spending, which has a positive effect on the level of employment when results in additional aggregate demand, may cause a negative effect on employment, if its financing depends in persistent high interest rates. Brazil and Mexico have engaged in a long effort to control public spending and to reduce the public deficit to zero. Does this policy bring a positive result to the economic activity no matter how actual public deficit has been financed? We select variables related to public budget as public sector borrowing requirements, taxes, public debt and others to form a data base. The fiscal institutional arrangement and de data allow us to evaluate the fiscal policy as a whole and to discuss the importance of credibility and reputation of the government. 2011 artículo científico 0185-1667 https://www.redalyc.org/articulo.oa?id=60120242006 en http://www.redalyc.org/revista.oa?id=601 Investigación Económica application/pdf Universidad Nacional Autónoma de México Investigación Económica (México) Num.277 Vol.LXX |
| title | Fiscal policy contradiction: a perspective on Brazil and Mexico |
| topic | Economía y Finanzas employment public debt Fiscal policy public expenditure |
| url | https://www.redalyc.org/articulo.oa?id=60120242006 |