The Macroeconomic Effects of Government Transfers: a Social Accounting Matrix Approach

Author: Marcelo Neri ,Fabio Monteiro Vaz ,Pedro Herculano Guimarães Ferreira de Souza
Thematic Area: Inclusive Growth

Abstract:Government transfers to individuals and families play a central role in the Brazilian social protection system, accounting for almost 14 per cent of Gross Domestic Product (GDP) in 2009. While their fiscal and redistributive impacts have been widely studied, the macroeconomic effects of transfers are harder to ascertain. (…)

Keywords:Macroeconomic effects, government transfers, social accounting, matrix approach
Publication Date:
Type/Issue:One Pager/244
ISSN:2318-9118

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