Notes on the Brazilian inflationary process: 1986-1991

Carlos Antonio Luque ()

Brazilian Journal of Political Economy, 1993, vol. 13, issue 2, 216-231

Abstract: The aim of this essay is to examine the 1986-91 Brazilian inflationary process.This essay will take the broadest analytical line, considering the inflationary process resultingfrom the evolutionary dynamics of the elements that affect the aggregate supply anddemand. Regarding the aggregate demand shifts we emphasize the relationships betweenfiscal and monetary policies. We stressed that the impact of public sector deficit has beenseen much more as a financing problem rather than the result of its levels. Regarding costswe emphasize the role of the relative price of competitive sectors that are more important indetermining real wages and those of the oligopolistic sector. Our study seems to suggest thatthe causes of Brazilian inflationary process are many and complex and their solution do notdepend solely upon the squeeze of the public sector deficit. JEL Classification: E31.

Keywords: Inflation; stabilization (search for similar items in EconPapers)
Date: 1993
References: Add references at CitEc
Citations:

Downloads: (external link)
https://centrodeeconomiapolitica.org.br/repojs/ind ... ticle/view/1323/1309 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:13:y:1993:i:2:p:216-231:id:1323

Access Statistics for this article

More articles in Brazilian Journal of Political Economy from Center of Political Economy
Bibliographic data for series maintained by Brazilian Journal of Political Economy (Brazil) ().