Manoel Carlos De Castro Pires
Biographic Data
| ID | 993600 |
|---|---|
| NAME | Manoel Carlos De Castro Pires |
| GIVEN NAMES | Manoel Carlos De Castro |
| FAMILY NAME | Pires |
| SIGNATURE | PIRES M C C |
| AFFILIATIONS | IPEA |
| VERIFIED | No |
| TOTAL WORKS | 7 |
| TOTAL CITATIONS | 3 |
| AUTHOR COUNT | 7 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2005 |
| LATEST PUBLICATION YEAR | 2013 |
| H-INDEX | 1 |
The effects of fiscal policy after the global recession: Assessing the Evidences
This paper offers a commented review of the most recent empirical studies of the effects of fiscal contraction on economic growth, which have helped underpin the prescription that fiscal policy should be expansionary in coming years in order to contain economic semi-stagnation in the developed countries. The paper shows that there is ample literature showing that fiscal expansion helps the economy grow, and that fiscal contraction tends to reduce…
Fiscal policy in times of crisis: Macroeconomic effects of the primary surplus
The international financial crisis that hit the Brazilian economy in the third quarter of 2008 called forth several economic-policy responses. In the case of fiscal policy, expansionary measures rendered the existing fiscal target unviable, and it was formally reduced in April 2009. The purpose of this article is to analyse the macroeconomic effects of reducing the primary budget-surplus target and to evaluate its repercussions on the level of ac…
Qual a sensibilidade dos investimentos privados a aumentos na carga tributária brasileira? Uma investigação econométrica
This article aims to offer three contributions to the debate on the recent performance of the Brazilian economy. First, it presents approximate quarterly figures for the Brazilian private investment beginning in 1995. Second, it presents estimates of the Brazilian "investment function" which are robust to the presence of structural breaks. Third, it discusses the sensitivity of private investment to increases in the gross aggregate tax rate. Esti…
Dívida pública, poupança em conta corrente do governo e superávit primário: Uma análise de sustentabilidade
On this paper, we propose a change in the primary surplus ́ target by the government current account saving. This concept excludes public investment from primary surplus. However, of this change has raised a question about if government current account saving represents a sustainable fiscal policy. Therefore, this paper has analysed if the change in the primary surplus` target by the government current account saving implies a meaning modificatio…
Uma análise da proposta de déficit nominal zero
The aim of this paper is to evaluate the relationship between fiscal deficits and interest rate in Brazil. An adaptation of Taylor’s Rule is tested and the data confirmed this relationship. Furthermore, evidence from a loanable funds model shows that a lower deficit can bring interest rate down. However, policy coordination is a key feature in this process
O efeito da liberalização da conta de capital sobre a política fiscal: Uma avaliação do caso brasileiro recente
In recent years there has been some agreement that capital account liberalization have provided restriction on economic policies. This paper provides some evidence for Brazil. I find evidence that capital account liberalization provided limits to fiscal policy in Brazil and its effects can depend on exchange rate policy
Regimes cambiais: Um modelo alternativo para o Brasil
After the collapse of the Bretton Woods system, many frameworks of exchange rate have been proposed. The aim of this paper is to propose an alternative rule of exchange rate and evaluate the case for Brazil. The analysis of the Brazilian case made necessary the evaluation of auxiliary instruments for its implementation. The paper proposes the use of capital controls or scape clauses
The effects of fiscal policy after the global recession: Assessing the Evidences
This paper offers a commented review of the most recent empirical studies of the effects of fiscal contraction on economic growth, which have helped underpin the prescription that fiscal policy should be expansionary in coming years in order to contain economic semi-stagnation in the developed countries. The paper shows that there is ample literature showing that fiscal expansion helps the economy grow, and that fiscal contraction tends to reduce…
Qual a sensibilidade dos investimentos privados a aumentos na carga tributária brasileira? Uma investigação econométrica
This article aims to offer three contributions to the debate on the recent performance of the Brazilian economy. First, it presents approximate quarterly figures for the Brazilian private investment beginning in 1995. Second, it presents estimates of the Brazilian "investment function" which are robust to the presence of structural breaks. Third, it discusses the sensitivity of private investment to increases in the gross aggregate tax rate. Esti…
Uma análise da proposta de déficit nominal zero
The aim of this paper is to evaluate the relationship between fiscal deficits and interest rate in Brazil. An adaptation of Taylor’s Rule is tested and the data confirmed this relationship. Furthermore, evidence from a loanable funds model shows that a lower deficit can bring interest rate down. However, policy coordination is a key feature in this process
Regimes cambiais: Um modelo alternativo para o Brasil
After the collapse of the Bretton Woods system, many frameworks of exchange rate have been proposed. The aim of this paper is to propose an alternative rule of exchange rate and evaluate the case for Brazil. The analysis of the Brazilian case made necessary the evaluation of auxiliary instruments for its implementation. The paper proposes the use of capital controls or scape clauses
O efeito da liberalização da conta de capital sobre a política fiscal: Uma avaliação do caso brasileiro recente
In recent years there has been some agreement that capital account liberalization have provided restriction on economic policies. This paper provides some evidence for Brazil. I find evidence that capital account liberalization provided limits to fiscal policy in Brazil and its effects can depend on exchange rate policy
Uma análise da proposta de déficit nominal zero
The aim of this paper is to evaluate the relationship between fiscal deficits and interest rate in Brazil. An adaptation of Taylor’s Rule is tested and the data confirmed this relationship. Furthermore, evidence from a loanable funds model shows that a lower deficit can bring interest rate down. However, policy coordination is a key feature in this process
Dívida pública, poupança em conta corrente do governo e superávit primário: Uma análise de sustentabilidade
On this paper, we propose a change in the primary surplus ́ target by the government current account saving. This concept excludes public investment from primary surplus. However, of this change has raised a question about if government current account saving represents a sustainable fiscal policy. Therefore, this paper has analysed if the change in the primary surplus` target by the government current account saving implies a meaning modificatio…
Qual a sensibilidade dos investimentos privados a aumentos na carga tributária brasileira? Uma investigação econométrica
This article aims to offer three contributions to the debate on the recent performance of the Brazilian economy. First, it presents approximate quarterly figures for the Brazilian private investment beginning in 1995. Second, it presents estimates of the Brazilian "investment function" which are robust to the presence of structural breaks. Third, it discusses the sensitivity of private investment to increases in the gross aggregate tax rate. Esti…
Fiscal policy in times of crisis: Macroeconomic effects of the primary surplus
The international financial crisis that hit the Brazilian economy in the third quarter of 2008 called forth several economic-policy responses. In the case of fiscal policy, expansionary measures rendered the existing fiscal target unviable, and it was formally reduced in April 2009. The purpose of this article is to analyse the macroeconomic effects of reducing the primary budget-surplus target and to evaluate its repercussions on the level of ac…
The effects of fiscal policy after the global recession: Assessing the Evidences
This paper offers a commented review of the most recent empirical studies of the effects of fiscal contraction on economic growth, which have helped underpin the prescription that fiscal policy should be expansionary in coming years in order to contain economic semi-stagnation in the developed countries. The paper shows that there is ample literature showing that fiscal expansion helps the economy grow, and that fiscal contraction tends to reduce…
Economic Theory and Policy (6 works) · Economics (6 works) · Fiscal Policy and Economic Growth (6 works) · Monetary economics (4 works) · Fiscal Policies and Political Economy (3 works) · Fiscal policy (3 works) · Macroeconomics (3 works) · Monetary Policy and Economic Impact (3 works) · Philosophy (3 works) · Philosophy (3 works)