Macroeconomia
The Spending Cap and Monetary Policy Effectiveness (Ribeiro et al.)
fev 18, 2023, 10:21 AM 0
The Spending Cap and Monetary Policy Effectiveness by Gustavo Ribeiro, Vladimir Teles, João Costa-Filho published by MPRA (1/2023) What is the impact on the transmission of monetary policy in Brazil under the fiscal ceiling implemented in 2016? We find…