A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2017; you can also visit the original URL.
The file type is
Abstract: The debate regarding fiscal policy has given support to the formulation of an economic policy based on control of indebtedness and in persecution of public savings, acting as important support for the economic growth. This paper presents evidence that counter acts this theory of expansionary austerity. A set of panel data regressions is estimated - through Driscoll & Kraay's, FGLS, panel corrected standard errors, and SUR estimators and the causality test approach proposed by Kónyadoi:10.1590/0103-6351/3550 fatcat:kez3ecg7ireiblc3otbdolc7mq