M., Daniel G. Arce
Populismo ou endogeneidade orçamentária? política fisca discricionária na Argentina
- São Paulo : Nobel, out./dez. 1995
This paper uses the Fischer equation and Olivera-Tanzi effect to insulate the inflationary endogeneity existing in Argentine public deficit. The outcome is a fiscal policy discretionary measure known as zero inflation budget. Through this measure we examine if the deficits reflects countercyclical policies or populist consumption targets