Debt, seigniorage and inflation in a Brazilian economy

Alain Lipietz ()

Brazilian Journal of Political Economy, 1991, vol. 11, issue 1, 58-83

Abstract: New industrialized countries presented some similarities in its inflation dynamics,particularly with strong monopolization and wage policy. Another feature is the manipulationof the exchange rate to attend specific targets, not considering the dangers of inflation.This paper aims to understand this process, especially how local currencies started to losstheir role as reserve of value, the dollarization present in such economies and how foreigndebt is an issue. JEL Classification: E31; E51.

Keywords: Inflation; seigniorage; public debt (search for similar items in EconPapers)
Date: 1991
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