Deterministic and Stochastic Macrodynamic Models for Developing Economies’ Policies: An Analysis of the Brazilian Economy

This work verifies the interactions between fiscal and monetary policies in Brazil, involving real GDP, the Interest index, Inflation index, real Exchange rate, and actual public debt, using empirical data from January 1998 to December 2018 to calibrate the model. In the analyses, we employ macrodyn...

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Hlavní autoři:	Milton Biage, Pierre Joseph Nelcide, Guilherme de Ferreira Lima
Médium:	Artigo
Jazyk:	Inglês
Vydáno:	MDPI AG 2025-10-01
Edice:	Economies
Témata:	fiscal policy monetary policy stochastic differential equations model macrodynamic model stochastic instability analysis
On-line přístup:	https://www.mdpi.com/2227-7099/13/11/312
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