Los Planes Austral y Cruzado: ¿Por Qué No Detuvieron la Inflación?

Luis Felipe Lagos () and Alexander Galetovic
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Luis Felipe Lagos: Instituto de Economía

Latin American Journal of Economics-formerly Cuadernos de Economía, 1989, vol. 26, issue 78, 217-242

Abstract: In this paper we study the heterodox stabilization plans of Argentina 1985 (Plan Austral) and Brazil 1986 (Plan Cruzado). Both plans considered that the main cause of inflation was inertia, due to indexation of wages, exchange rates and financial instrume

Date: 1989
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