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Fiscal sustainability and monetary versus fiscal dominance: evidence from Brazil, 1991-2000
- Source :
- Applied Economics. May 10, 2003, Vol. 35 Issue 7, p859, 15 p.
- Publication Year :
- 2003
-
Abstract
- Under a monetary dominant (MD) regime, the primary surplus adjusts to limit debt growth, permitting monetary policy to be conducted independently of fiscal financing requirements. In Brazil, some evidence favours [...]
Details
- Language :
- English
- ISSN :
- 00036846
- Volume :
- 35
- Issue :
- 7
- Database :
- Gale General OneFile
- Journal :
- Applied Economics
- Publication Type :
- Periodical
- Accession number :
- edsgcl.102657833