O comportamento da renúncia fiscal oriunda dos gastos privados com atenção à saúde entre os anos 1996 e 2003
By: SICSÚ, Bernardo
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Contributor(s): ANDREAZZI, Maria de Fátima Siliansky de
| HOLGUIN Tássia Gazé
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Material type: ![materialTypeLabel](/opac-tmpl/lib/famfamfam/AR.png)
Public debt, government current account saving and primary surplus: analysis of sustainability. On this paper, we propose a change in the primary surplus target by the government current account saving. That concept excludes public investment from primary surplus. However, of that change has raised a question about if government current account saving represents a sustainable fiscal policy. Thus, this paper analyses 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, which is based on Brazilian monthly data for the period 1999-2005, suggests that the change in fiscal target does not mean a lack of sustainability
v. 28, n. 4(112)
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