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Inflation Bias: an appraisal

Author

Listed:
  • Helder Ferreira de Mendonça

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.

Suggested Citation

  • Helder Ferreira de Mendonça, 2005. "Inflation Bias: an appraisal," Brazilian Journal of Political Economy, Center of Political Economy, vol. 25(2), pages 96-100.
    • Handle: RePEc:ekm:repojs:v:25:y:2005:i:2:p:96-100:id:633
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/633/631
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    Citations

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    Cited by:

    1. Juan Camilo Anzoategui-Zapata & Juan Camilo Galvis-Ciro, 2021. "Effects of fiscal credibility on inflation expectations: evidence from an emerging economy," Public Sector Economics, Institute of Public Finance, vol. 45(1), pages 125-148.

    More about this item

    Keywords

    Inflation Bias; Rules versus Discretion; Inflation;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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