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Los Planes Austral y Cruzado: ¿Por Qué No Detuvieron la Inflación?

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  • Luis Felipe Lagos

    (Instituto de Economía)

  • Alexander Galetovic

Abstract

In this paper we study the heterodox stabilization plans of Argentina 1985 (Plan Austral) and Brazil 1986 (Plan Cruzado). Both plans considered that the main cause of inflation was inertia, due to indexation of wages, exchange rates and financial instrume

Suggested Citation

  • Luis Felipe Lagos & Alexander Galetovic, 1989. "Los Planes Austral y Cruzado: ¿Por Qué No Detuvieron la Inflación?," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 26(78), pages 217-242.
    • Handle: RePEc:ioe:cuadec:v:26:y:1989:i:78:p:217-242
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    References listed on IDEAS

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    1. Helpman, Elhanan & Leiderman, Leonardo, 1988. "Stabilization in high inflation countries: Analytical foundations and recent experience," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 28(1), pages 9-84, January.
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