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Hyperinflation, and internal debt repudiation in Argentina and Brazil: from expectations management to the "Bonex" and "Collor" plans

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John H. Welch
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File URL: http://dallasfed.org/research/papers/1991/wp9107.pdf
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Paper provided by Federal Reserve Bank of Dallas in its series Research Paper with number 9107.

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Date of creation: 1991
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Handle: RePEc:fip:feddrp:9107

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Keywords: Argentina ; Brazil ; Inflation (Finance);

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  1. Corbo, Vittorio & de Melo, Jaime & Tybout, James, 1986. "What Went Wrong with the Recent Reforms in the Southern Cone," Economic Development and Cultural Change, University of Chicago Press, vol. 34(3), pages 607-40, April.
  2. Baer, Werner & Beckerman, Paul, 1980. "The trouble with index-linking: Reflections on the recent Brazilian Experience," World Development, Elsevier, vol. 8(9), pages 677-703, September. [Downloadable!] (restricted)
  3. Obstfeld, Maurice & Rogoff, Kenneth, 1983. "Speculative Hyperinflations in Maximizing Models: Can We Rule Them Out?," Journal of Political Economy, University of Chicago Press, vol. 91(4), pages 675-87, August. [Downloadable!] (restricted)
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  4. Thomas J. Sargent & Neil Wallace, 1981. "Some unpleasant monetarist arithmetic," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Fall. [Downloadable!]
  5. V.V. Chari, 1988. "Time consistency and optimal policy design," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Fall, pages 17-31. [Downloadable!]
  6. Prescott, Edward C., 1977. "Should control theory be used for economic stabilization?," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 7(1), pages 13-38, January. [Downloadable!] (restricted)
  7. Calvo, Guillermo A, 1988. "Servicing the Public Debt: The Role of Expectations," American Economic Review, American Economic Association, vol. 78(4), pages 647-61, September. [Downloadable!] (restricted)
  8. Welch, John H. & Braga, Carlos Alberto Primo & de Tarso, Paulo & de Andre, Afonso, 1987. "Brazilian public sector disequilibrium," World Development, Elsevier, vol. 15(8), pages 1045-1052, August. [Downloadable!] (restricted)
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