Notes on money, debt and alternative monetary regimes for Brazil

Deepak Lal

Brazilian Journal of Political Economy, 1995, vol. 15, issue 4, 563-576

Abstract: This note analyzes, based on a simple model, the contribution of three authors(Rodriguez, Meltzer and Auerheimer) to the debate on inflation in Brazil and ways to overcomeit. The hypothesis of adopting a currency board regime, as suggested by the threeauthors, and its implications for Brazil are discussed in more detail. As an alternative, itis suggested to adopt a monetary regime inspired by Hayek, in which there is competitionbetween private banks for the issue of currency. JEL Classification: E42; E51; E52.

Keywords: Money supply; monetary regime; central bank (search for similar items in EconPapers)
Date: 1995
References: Add references at CitEc
Citations:

Downloads: (external link)
https://centrodeeconomiapolitica.org.br/repojs/ind ... ticle/view/1259/1244 (application/pdf)

Related works:
Working Paper: Notes on Money, Debt and Alternative Monetary Regimes for Brazil (1993)
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:15:y:1995:i:4:p:563-576:id:1259

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) ().