Empirical evidence on the relation between fiscal credibility and Central Bank credibility: the Brazilian case

Since the early 1990s, several countries have adopted inflation targeting (IT). However, IT may not be sufficient to ensure fiscal discipline, and governments can still pursue irresponsible fiscal policies under IT. The adoption of irresponsible policies, which lead to a weak fiscal credibility, co...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Gabriel Caldas Montes, Ana Jordânia de Oliveira, Rodolfo Tomás da Fonseca Nicolay
Formato: article
Lenguaje:EN
PT
Publicado: Universidade de São Paulo 2019
Materias:
Acceso en línea:https://doaj.org/article/1ca5617a9947492294139477b43c1dac
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!