Inflation in state capitalism (and the recent Brazilian experience)

Luiz Carlos Bresser-Pereira ()

Brazilian Journal of Political Economy, 1981, vol. 1, issue 2, 141-175

Abstract: Inflation passed from a purely monetary phenomenon to an intrinsic part of themodern economic system. This paper aims to perform a general analysis of the new inflationaryprocesses, particularly the “administered inflation” from economic agents with marketpower, the “compensatory inflation” to remunerate capital, and the “corrective inflation”,produced by the state when trying to correct the distortions caused by the economicpolicy. JEL Classification: E31; E52.

Keywords: Economic cycles; inflation; inertia; stabilization (search for similar items in EconPapers)
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:1:y:1981:i:2:p:141-175:id:1974

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