English, Article, Journal or magazine article edition: CONSOLIDAÇÃO FISCAL NOS ESTADOS BRASILEIROS: UMA ANÁLISE DE DURAÇÃO Bruno de Paula Rocha; Fabiana Rocha

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Bookmark: http://trove.nla.gov.au/version/123166
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • CONSOLIDAÇÃO FISCAL NOS ESTADOS BRASILEIROS: UMA ANÁLISE DE DURAÇÃO
Author
  • Bruno de Paula Rocha
  • Fabiana Rocha
Physical Description
  • preprint
Notes
  • The objective of this paper is to analyze the Brazilian state fiscal consolidation in the period 1986-2001. For that propose, we apply the duration models methodology. Henceforth, we try to list the main features that can explain the probability of the continuity of a state fiscal adjustment conditional to the duration of this adjustment up to this moment. The non-parametric results suggest that the probability of the continuity of a fiscal consolidation falls dramatically after the first year and even more after the second one. The parametric analysis shows that there is a core of relevant variables, such as: the Number of Fails, the ratio Personal Costs/​Net Current Revenue, the dummy variable to the years before the Brazilian Constitution of 1988, the dummy variable to the years after the refinance law 9496/​97 and the Polarization of the Political Colligation in the states.
  • RePEc:anp:en2005:047
Language
  • English
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