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Brazilian Fiscal Policy and Its Procyclical Nature: A Long-Term Analysis

Carlândia Brito Santos Fernandes & Albert Fishlow

Latin American Business Review2024https://doi.org/10.1080/10978526.2024.2349078article
AJG 1
Weight
0.30

What the paper says

Fiscal policy should be contractionary during economic expansion and expansionary during recessions. The objective of this article is to investigate the nature of long-term discretionary fiscal policy in Brazil in relation to the level of economic activity and the terms of trade. A fiscal policy variable without cyclical effects was chosen, and the results of the cointegration analysis indicate that long-term fiscal policy is destabilizing; this findings parallels those in the literature. However, in regard to trade cycles, this policy prevents their amplification.

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https://doi.org/https://doi.org/10.1080/10978526.2024.2349078

Or copy a formatted citation

@article{carlândia2024,
  title        = {{Brazilian Fiscal Policy and Its Procyclical Nature: A Long-Term Analysis}},
  author       = {Carlândia Brito Santos Fernandes & Albert Fishlow},
  journal      = {Latin American Business Review},
  year         = {2024},
  doi          = {https://doi.org/https://doi.org/10.1080/10978526.2024.2349078},
}

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Brazilian Fiscal Policy and Its Procyclical Nature: A Long-Term Analysis

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Evidence weight

0.30

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.00 × 0.4 = 0.00
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.