Heterodox Inflation Stabilization in Argentina, Brazil, and Israel. A Historical Review and Some Stylized Facts

Cahiers de recherche from Universite de Montreal, Departement de sciences economiques

Abstract: This article presents a review of the stabilization attempts in Argentina, Brazil, and Israel during the 1980’s. Earlier research is summarized and complemented with additional sources of contemporaneous information and a detailed analysis of institutional features. The examination of these episodes underscores the strong economic and empirical relationship between the governments’ fiscal policy and the rate of inflation.

Keywords: credibility; inflation stabilization; incomes licies (search for similar items in EconPapers)
JEL-codes: E65 E31 (search for similar items in EconPapers)
Date: Written 1997
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Persistent link: http://EconPapers.repec.org/RePEc:mtl:montde:9707

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