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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Centro de Economia Política
2006
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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 |
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Mendonça,Helder Ferreira de |
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Mendonça,Helder Ferreira de Independência do banco central e equilíbrio fiscal: algumas observações para o caso brasileiro |
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Mendonça,Helder Ferreira de |
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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. |
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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 |
_version_ |
1756392936495382528 |