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Inflation in state capitalism (and the recent Brazilian experience)

Author

Listed:
  • Luiz Carlos Bresser-Pereira

    (Professor de Economia da EAESP da FGV, São Paulo/SP, Brasil.)

Abstract

Inflation passed from a purely monetary phenomenon to an intrinsic part of themodern economic system. This paper aims to perform a general analysis of the new inflationaryprocesses, particularly the “administered inflation” from economic agents with marketpower, the “compensatory inflation” to remunerate capital, and the “corrective inflation”,produced by the state when trying to correct the distortions caused by the economicpolicy. JEL Classification: E31; E52.

Suggested Citation

  • Luiz Carlos Bresser-Pereira, 1981. "Inflation in state capitalism (and the recent Brazilian experience)," Brazilian Journal of Political Economy, Center of Political Economy, vol. 1(2), pages 141-175, April.
    • Handle: RePEc:ekm:repojs:v:1:y:1981:i:2:id:96678
    DOI: 10.1590/0101-31571981-2003
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    Keywords

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    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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