Administrative policy to control inflation

Luiz Carlos Bresser-Pereira () and Yoshiaki Nakano ()

Brazilian Journal of Political Economy, 1984, vol. 4, issue 3, 412-433

Abstract: After summarizing a model of autonomous or administered inflation presentedin another paper, the authors analyse the Keynesian and monetarist policies of controllinginflation. Finally, they discuss at length an alternative policy of price stabilization – an administrativepolicy – based on price controls and programmed deindexation, associated withmoderate growth of the economy and followed by monetary and fiscal adjustment. JEL Classification: E31.

Keywords: Monetary policy; inflation; stabilization; price control (search for similar items in EconPapers)
Date: 1984
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