Welch, John H. - In: World development : the multi-disciplinary … 15 (1987) 8, pp. 1045-1052
The Brazilian public sector disequilibrium, as measured by growth in the global net public sector debt to GDP ratio, is examined with and without the Plano Cruzado. Two models are used, one based upon a discrete and the other upon a continuous time framework, to trace paths of the debt to GDP...