Persistent budget deficits have increased economists' interest in theories and evidence about fiscal policy. This paper develops the Ricardian approach and contrasts it with standard models. The discu
The study examines the determinants of digital transformation by using panel data of 35 countries in sub-Sahara Africa (SSA) for the period 2014–2021. Based on the fixed effect model, the findings est
This paper builds a real business cycle (RBC) model with government, aiming to replicate key features of the Brazilian economy. I first calibrate and then I use Bayesian methods to estimate the model
ABSTRACT Fiscal policy implemented in Brazil at Real Plan followed the New Macroeconomic Consensus’ logic. The Plan started the changing of Brazilian’s fiscal regime into one in which fiscal policy mu