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Una Interpretación Keynesiana- Inercialista de la Inflación Brasileña en los Años Ochenta

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  • Jorge Marshall
  • Felipe Morandé

Abstract

This article attempts to explain the high and persistent inflation in Brazil in the first half of the 80's by appealing to two sources: an autonomous one, brought by widespread indexation practices (inertia), and a more Keynesian source based on (expected

Suggested Citation

  • Jorge Marshall & Felipe Morandé, 1989. "Una Interpretación Keynesiana- Inercialista de la Inflación Brasileña en los Años Ochenta," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 26(79), pages 353-366.
    • Handle: RePEc:ioe:cuadec:v:26:y:1989:i:79:p:353-366
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    File URL: http://www.economia.uc.cl/docs/079marsa.pdf
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    References listed on IDEAS

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    1. Morande, Felipe G., 1985. "A note on wage indexation in a model with staggered wage setting," Economics Letters, Elsevier, vol. 17(1-2), pages 19-22.
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    Cited by:

    1. Nicolás Burotto Ravanal, 2016. "Estabilizaciones inflacionarias en el contexto latinoamericano: una revisión de los casos de Argentina, Brasil y Bolivia," Ensayos de Política Económica, Departamento de Investigación Francisco Valsecchi, Facultad de Ciencias Económicas, Pontificia Universidad Católica Argentina., vol. 2(4), pages 73-103, Octubre.
    2. Durevall, Dick, 1999. "Inertial inflation, indexation and price stickiness: evidence from Brazil," Journal of Development Economics, Elsevier, vol. 60(2), pages 407-421, December.

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    3. Felipe Morandé, 1986. "Volatilidad de los Tipos de Cambio y Contratos Traslapados," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 23(69), pages 229-237.

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