Banca de DEFESA: VICTÓRIA FIGUEIRA BENEDICTO

Uma banca de DEFESA de MESTRADO foi cadastrada pelo programa.
STUDENT : VICTÓRIA FIGUEIRA BENEDICTO
DATE: 24/02/2022
TIME: 14:00
LOCAL: Google meet (https://meet.google.com/zgr-iqwt-cso)
TITLE:

The emergency aid and its role in containing the economic crisis in the State of Rio de Janeiro amidst the COVID 19 pandemic.

KEY WORDS:

Auxílio emergencial; Crise fiscal; Rio de Janeiro; Covid-19

PAGES: 48
BIG AREA: Ciências Sociais Aplicadas
AREA: Economia
SUBÁREA: Crescimento, Flutuações e Planejamento Econômico
SPECIALTY: Flutuações Cíclicas e Projeções Econômicas
SUMMARY:

Due to the forced coexistence with the virus, social isolation shows an indication of coping with the virus, and it is highly debated whether it is related to the economic pressure that comes with social isolation, such as the closing of businesses, industries, and services. This paper attempts to establish some relationship between social isolation and Covid 19 contamination. The impact of the emergency aid on the Rio de Janeiro economy was estimated, both at the sectoral and aggregate levels. From the input-output matrices for the State of Rio de Janeiro for the year 2015 we estimated the direct and indirect impacts of the aid on GDP. In 2020, economic activity in Rio de Janeiro fell by 3.8%, presenting the second largest drop in the historical series, surpassed only by 2016 (-4.4%). In this sense, the main contribution of this work was to highlight the importance of the emergency aid in maintaining families' income and consumption, in addition to noting that the fall in Rio's GDP in 2020, if the emergency aid were removed from families' consumption, would be - 1.42%, indicating that the State's GDP retraction would be much worse than it was, that is, a fall of 5.22%, greater than the last series in 2016.

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