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Mário Henrique Simonsen and the construction of the concept of inertial inflation

Author

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  • Andrea Felipe Cabello

Abstract

The paper analyzes the contributions of Mario Henrique Simonsen to the construction of the concept of inertial inflation and to its connected literature. Simonsen’s curve, in which the idea of inertial inflation was implicit, is analyzed, alongside with the feedback model (modelo de realimentação) and it’s shown how Simonsen built a model which considered inflationary inertia, neutralization possibilities and possible problems and costs of stabilization, anticipating many of the issued that guided the debate in the 1980s. JEL Classification: B31.

Suggested Citation

  • Andrea Felipe Cabello, 2014. "Mário Henrique Simonsen and the construction of the concept of inertial inflation," Brazilian Journal of Political Economy, Center of Political Economy, vol. 34(2), pages 317-326.
    • Handle: RePEc:ekm:repojs:v:34:y:2014:i:2:p:317-326:id:275
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/275/265
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    More about this item

    Keywords

    Mário Henrique Simonsen; inertial inflation; feedback model; Simonsen’s curve;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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