Fiscal policy, supply shocks and economic expansion in brazil from 2003 to 2007/Politica fiscal, choques de oferta e a expansao economica de 2003-2007

This article has two objectives. The first is to show the impact of distortionary taxes during a period of the economic cycle in Brazil. The second is to show that an explanation for output to grow slower than productivity is the increase in taxes on productive factors: capital and labor. To attain...

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Veröffentlicht in:BBR Brazilian business review (Portuguese ed.) 2014-05, Vol.11 (3), p.53
Hauptverfasser: Ellery, Roberto Jr, Gomes, Victor
Format: Artikel
Sprache:por
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