Inflation Bias: an appraisal

Helder de Mendonça ()

Brazilian Journal of Political Economy, 2005, vol. 25, issue 2, 96-100

Abstract: This short paper offers a brief appraisal of the conventional inflation bias and Cukierman’s new inflation bias. It may also be seen that a lack of equilibrium in the balance of payments represents another reason for the emergence of the inflationary bias in an economy. JEL Classification: E31, E52.

Keywords: Inflation Bias; Rules versus Discretion; Inflation (search for similar items in EconPapers)
Date: 2005
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