Revisiting the inercialist debate of Brazilian inflation

Hugo Carcanholo Iasco Pereira () and Marcelo Luiz Curado ()

Brazilian Journal of Political Economy, 2018, vol. 38, issue 3, 489-509

Abstract: The aim of this paper was to investigate the inertial inflation’s theory represented by the versions of economists from PUC-RJ and FGV-SP, emphasizing the theoretical elements present in each and how it materialized in the stabilization proposals for the Brazilian economy. Although there is a common background, the theories are substantially different. The conclusions suggested that the inercialist theories can’t be considered a uniform theoretical framework, especially with respect to break with orthodoxy and monetary conception, distributive conflict and stabilization’s plan and the necessity of neutrality distributive. JEL Classification: B0; B22.

Keywords: Inertial Inflation’s Theory; Comparative Perspective and Economics’ Thought History (search for similar items in EconPapers)
Date: 2018
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