Heterodox Inflation Stabilization in Argentina, Brazil, and Israel. A Historical Review and Some Stylized Facts
AbstractThis article presents a review of the stabilization attempts in Argentina, Brazil, and Israel during the 1980’s. Earlier research is summarized and complemented with additional sources of contemporaneous information and a detailed analysis of institutional features. The examination of these episodes underscores the strong economic and empirical relationship between the governments’ fiscal policy and the rate of inflation.
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Bibliographic InfoPaper provided by Universite de Montreal, Departement de sciences economiques in its series Cahiers de recherche with number 9707.
Length: 26 pages
Date of creation: 1997
Date of revision:
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credibility; inflation stabilization; incomes licies;
Find related papers by JEL classification:
- E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
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- Marongiu, Federico, 2007.
"Alta inflación y planes de ajuste en Brasil durante el retorno a la democracia - 1985-1994
[High inflation and adjustment in Brazil during the return to democracy - 1985-1994]," MPRA Paper 18956, University Library of Munich, Germany.
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