Políticas fiscais para estabilização da dívida pública: uma abordagem de equilíbrio geral aplicada à Grécia e ao Brasil

• Autor(a) principal: Brum, Angélica Freire de Oliveira
• Data de Publicação: 2016
• Tipo de documento: Dissertação
• Idioma: por
• Título da fonte: Biblioteca Digital de Teses e Dissertações da UERJ
• Texto Completo: http://www.bdtd.uerj.br/handle/1/7632
• topic: Fiscal Policy; Public Debt; Dynamic General Equilibrium; Growth Models.; Política Fiscal; Dívida Pública; Equilíbrio Geral Dinâmico; Modelos de Crescimento.; Política tributária Brasil; Finanças públicas Brasil; Dívida pública Brasil; CNPQ::CIENCIAS SOCIAIS APLICADAS::ECONOMIA

The study aims to measure the macroeconomic effects of fiscal policies to consolidate the brazilian public debt. Thus, the study used a dynamic deterministic general equilibrium model to simulate and measure the quantitative effects of the implemented fiscal rules.The model that describes the economy followed Papageorgiou (2012). The solution of the nonlinear equations system, which provides the economy dynamic equilibrium, has been obtained numerically by programming the model (and simulations) in GAMS. As a verification step of the program built to obtain the numerical solution, the experiments proposed by the author were performed for the model calibrated with data from Greece.The debt consolidation experiments were the focus on brazilian case. As a result, we concluded that despite providing relevant information about the effects on the economy, such a policy may not be applicable, once it doesn t provide an adjustment mechanism in the case of a deviation that makes the trajectory of the debtexplosive due to the intrinsic characteristics of the equation system.