Please use this identifier to cite or link to this item: http://repositorio.unicamp.br/jspui/handle/REPOSIP/89849
Type: Artigo de periódico
Title: Milton Friedman And The Effectiveness Of Fiscal Policy [milton Friedman E A Efetividade Da Política Fiscal]
Author: Lopreato F.L.C.
Abstract: The purpose of this paper is to discuss the thoughts of Milton Friedman on the role of fiscal policy. The discussion is structured with four topics. The first brings back parts of the author's trajectory, from his initial phase where he believes on the importance of the fiscal policy to the moment he denies it. The second talks about issues presented in the previous topic and the arguments used to deny the effectiveness of fiscal policy. The third is the presentation of the permanent income hypothesis and its position against the use and implications of the consumption function in studies of the old neoclassic synthesis. The last topic highlights the criticism against the discretionary actions, with emphasis on the lags on fiscal policy. The return to the author is justified because his ideas have influenced the way of the current dominant macroeconomic theory thinking of relevant topics on fiscal policy.
Editor: 
Rights: aberto
Identifier DOI: 10.1590/S1415-98482013000200001
Address: http://www.scopus.com/inward/record.url?eid=2-s2.0-84886698364&partnerID=40&md5=ac279f76b72764e13320c96a00ed972b
Date Issue: 2013
Appears in Collections:Unicamp - Artigos e Outros Documentos

Files in This Item:
File Description SizeFormat 
2-s2.0-84886698364.pdf511.55 kBAdobe PDFView/Open


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.