Fiscal reaction under endogenous structural changes in Brazil

Regarding the importance of fiscal policy in smoothing the impact of shocks such as the international financial and economic crises, the paper analyzes the sustainability of the Brazilian fiscal policy by taking into consideration the possibility of multiple endogenous structural breaks on the coeff...

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Bibliographic Details
Main Authors: Andrei G. Simonassi, Ronaldo A. Arraes, Augusto Marcos C. de Sena
Format: Article
Language:English
Published: Elsevier 2014-01-01
Series:EconomiA
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S1517758014000046