Brazil: the international financial crisis and counter-cyclical policies
Includes bibliography
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2014
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oai-11362-115892020-03-06T16:50:27Z Brazil: the international financial crisis and counter-cyclical policies Silva Moreira, Tito Belchior Ribeiro Soares, Fernando Antônio CRISIS FINANCIERA CONDICIONES ECONOMICAS MACROECONOMIA POLITICA ECONOMICA CICLOS ECONOMICOS POLITICA FISCAL POLITICA MONETARIA POLITICA CREDITICIA INDICADORES ECONOMICOS FINANCIAL CRISIS ECONOMIC CONDITIONS MACROECONOMICS ECONOMIC POLICY BUSINESS CYCLES FISCAL POLICY MONETARY POLICY CREDIT POLICY ECONOMIC INDICATORS Includes bibliography This article evaluates the effectiveness of the counter-cyclical measures adopted by the Brazilian government to mitigate the effects of the subprime mortgage crisis, by analysing the repercussions of monetary, fiscal and credit policies on several of the main macroeconomic aggregates. The empirical analysis showed that expansionary credit policy was decisive for increasing family consumption and aggregate output during the crisis. While expansionary monetary policy also helped increase aggregate production during that period, investment expenditure did not respond to counter-cyclical policies. 2014-01-02T18:46:03Z 2014-01-02T18:46:03Z 2012-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/11589 LC/G.2518-P en CEPAL Review CEPAL Review 106 application/pdf BRASIL BRAZIL |
institution |
Cepal |
collection |
Cepal |
language |
English |
topic |
CRISIS FINANCIERA CONDICIONES ECONOMICAS MACROECONOMIA POLITICA ECONOMICA CICLOS ECONOMICOS POLITICA FISCAL POLITICA MONETARIA POLITICA CREDITICIA INDICADORES ECONOMICOS FINANCIAL CRISIS ECONOMIC CONDITIONS MACROECONOMICS ECONOMIC POLICY BUSINESS CYCLES FISCAL POLICY MONETARY POLICY CREDIT POLICY ECONOMIC INDICATORS |
spellingShingle |
CRISIS FINANCIERA CONDICIONES ECONOMICAS MACROECONOMIA POLITICA ECONOMICA CICLOS ECONOMICOS POLITICA FISCAL POLITICA MONETARIA POLITICA CREDITICIA INDICADORES ECONOMICOS FINANCIAL CRISIS ECONOMIC CONDITIONS MACROECONOMICS ECONOMIC POLICY BUSINESS CYCLES FISCAL POLICY MONETARY POLICY CREDIT POLICY ECONOMIC INDICATORS Silva Moreira, Tito Belchior Ribeiro Soares, Fernando Antônio Brazil: the international financial crisis and counter-cyclical policies |
description |
Includes bibliography |
format |
Texto |
author |
Silva Moreira, Tito Belchior Ribeiro Soares, Fernando Antônio |
author_facet |
Silva Moreira, Tito Belchior Ribeiro Soares, Fernando Antônio |
author_sort |
Silva Moreira, Tito Belchior |
title |
Brazil: the international financial crisis and counter-cyclical policies |
title_short |
Brazil: the international financial crisis and counter-cyclical policies |
title_full |
Brazil: the international financial crisis and counter-cyclical policies |
title_fullStr |
Brazil: the international financial crisis and counter-cyclical policies |
title_full_unstemmed |
Brazil: the international financial crisis and counter-cyclical policies |
title_sort |
brazil: the international financial crisis and counter-cyclical policies |
publishDate |
2014 |
url |
http://hdl.handle.net/11362/11589 |
work_keys_str_mv |
AT silvamoreiratitobelchior braziltheinternationalfinancialcrisisandcountercyclicalpolicies AT ribeirosoaresfernandoantonio braziltheinternationalfinancialcrisisandcountercyclicalpolicies |
_version_ |
1718433458078875648 |