Independência do banco central e equilíbrio fiscal: algumas observações para o caso brasileiro

The objective of this paper is to analyze the main theoretical arguments for the analysis of the conduction of monetary policy on the fiscal side. Besides this, an analysis is made of the possible effects on the fiscal balance from the conduction of the monetary policy in the search for price stability after the Real Plan and due to an increase in the central bank independence (CBI) in the Brazilian case. The findings denote that the strategy for the conduction of the adopted monetary policy and the increase in the degree of CBI did not contribute to an imrovement in the fiscal balance.

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Main Author: Mendonça,Helder Ferreira de
Format: Digital revista
Language:Portuguese
Published: Centro de Economia Política 2006
Online Access:http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000100002
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spelling oai:scielo:S0101-315720060001000022006-04-10Independência do banco central e equilíbrio fiscal: algumas observações para o caso brasileiroMendonça,Helder Ferreira de central bank independence inflation public debt The objective of this paper is to analyze the main theoretical arguments for the analysis of the conduction of monetary policy on the fiscal side. Besides this, an analysis is made of the possible effects on the fiscal balance from the conduction of the monetary policy in the search for price stability after the Real Plan and due to an increase in the central bank independence (CBI) in the Brazilian case. The findings denote that the strategy for the conduction of the adopted monetary policy and the increase in the degree of CBI did not contribute to an imrovement in the fiscal balance.info:eu-repo/semantics/openAccessCentro de Economia PolíticaBrazilian Journal of Political Economy v.26 n.1 20062006-03-01info:eu-repo/semantics/articletext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000100002pt10.1590/S0101-31572006000100002
institution SCIELO
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country Brasil
countrycode BR
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region America del Sur
libraryname SciELO
language Portuguese
format Digital
author Mendonça,Helder Ferreira de
spellingShingle Mendonça,Helder Ferreira de
Independência do banco central e equilíbrio fiscal: algumas observações para o caso brasileiro
author_facet Mendonça,Helder Ferreira de
author_sort Mendonça,Helder Ferreira de
title Independência do banco central e equilíbrio fiscal: algumas observações para o caso brasileiro
title_short Independência do banco central e equilíbrio fiscal: algumas observações para o caso brasileiro
title_full Independência do banco central e equilíbrio fiscal: algumas observações para o caso brasileiro
title_fullStr Independência do banco central e equilíbrio fiscal: algumas observações para o caso brasileiro
title_full_unstemmed Independência do banco central e equilíbrio fiscal: algumas observações para o caso brasileiro
title_sort independência do banco central e equilíbrio fiscal: algumas observações para o caso brasileiro
description The objective of this paper is to analyze the main theoretical arguments for the analysis of the conduction of monetary policy on the fiscal side. Besides this, an analysis is made of the possible effects on the fiscal balance from the conduction of the monetary policy in the search for price stability after the Real Plan and due to an increase in the central bank independence (CBI) in the Brazilian case. The findings denote that the strategy for the conduction of the adopted monetary policy and the increase in the degree of CBI did not contribute to an imrovement in the fiscal balance.
publisher Centro de Economia Política
publishDate 2006
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000100002
work_keys_str_mv AT mendoncahelderferreirade independenciadobancocentraleequilibriofiscalalgumasobservacoesparaocasobrasileiro
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