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Revista Brasileira de Economia

Print version ISSN 0034-7140


SILVA, Alexandre Manoel Angelo da  and  CANDIDO JUNIOR, José Oswaldo. É o mercado míope em relação à política fiscal Brasileira?. Rev. Bras. Econ. [online]. 2010, vol.64, n.4, pp.439-462. ISSN 0034-7140.

On this paper, we evaluate the relationship among expectations of fiscal policy and fiscal policy consistency, which is denoted by some public account variables. Our main proposal is to investigate if the expectations are affected by fiscal policy consistency. The empirical analysis, based on Brazilian monthly data for the period of 2003-2006, suggests that the expectations have not been affected by fiscal policy consistency.

Keywords : Expectativas; Consistência e Superávit Primário.

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