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...
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| Main Authors: | , , |
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| Format: | article |
| Language: | EN PT |
| Published: |
Universidade de São Paulo
2019
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| Subjects: | |
| Online Access: | https://doaj.org/article/1ca5617a9947492294139477b43c1dac |
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