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Administrative policy to control inflation

Author

Listed:
  • Luiz Carlos Bresser-Pereira
  • Yoshiaki Nakano

Abstract

After summarizing a model of autonomous or administered inflation presentedin another paper, the authors analyse the Keynesian and monetarist policies of controllinginflation. Finally, they discuss at length an alternative policy of price stabilization – an administrativepolicy – based on price controls and programmed deindexation, associated withmoderate growth of the economy and followed by monetary and fiscal adjustment. JEL Classification: E31.

Suggested Citation

  • Luiz Carlos Bresser-Pereira & Yoshiaki Nakano, 1984. "Administrative policy to control inflation," Brazilian Journal of Political Economy, Center of Political Economy, vol. 4(3), pages 412-433.
    • Handle: RePEc:ekm:repojs:v:4:y:1984:i:3:p:412-433:id:1898
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1898/1884
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    More about this item

    Keywords

    Monetary policy; inflation; stabilization; price control;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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