Inertial inflation and the Cruzado plan

Luiz Carlos Bresser-Pereira ()

Brazilian Journal of Political Economy, 1986, vol. 6, issue 3, 343-358

Abstract: On February 28 of 1986 the Brazilian government decided to freeze all prices.This “heterodox shock “ and the development by Brazilian economists of the theory of inertialinflation, which served as a theoretical basis for the shock, are here discussed. JEL Classification: E31.

Keywords: Inflation; Cruzado Plan; stabilization; inertia (search for similar items in EconPapers)
Date: 1986
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