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Institutions, Inflation and Unemployment

Author

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  • Edward J. Amadeo

Abstract

In Institutions, Inflation and Unemployment, Edward J. Amadeo investigates the relationship between inflation and distributive conflict among social groups in an environment of pervasive uncertainty. Professor Amadeo considers theoretical, institutional and empirical aspects of a problem, chronic and very high inflation, which has been at the heart of the economic crisis in Brazil during the last 15 years. After analysing economic models of wage and price determination in regimes of high inflation, the author examines institutional approaches to the organization of unions and the structure of wage bargains – with emphasis on the centralization of bargains – and concludes with a discussion and empirical assessment of the relation between wage bargaining and inflation in Brazil.

Suggested Citation

  • Edward J. Amadeo, 1994. "Institutions, Inflation and Unemployment," Books, Edward Elgar Publishing, number 10.
    • Handle: RePEc:elg:eebook:10
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    File URL: http://www.e-elgar.com/shop/isbn/9781852786823
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    Citations

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    Cited by:

    1. Matias Vernengo, 2003. "Balance of Payments Constraint and Inflation," Working Paper Series, Department of Economics, University of Utah 2003_06, University of Utah, Department of Economics.
    2. Gonzaga, Gustavo & Scandiuzzi, João Carlos, 1998. "How Does Government Wage Policy Affect Wage Bargaining in Brazil?," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 18(1), May.
    3. Chou, Y.K., 2000. "The Effect of Collective Bargaining and Central Bank Independence on Inflation and Unemployment: Evidence From the OECD," Department of Economics - Working Papers Series 770, The University of Melbourne.
    4. Jorge Saba Arbache, 1998. "The Impact of Unions on Wages in Brazilian Manufacturing," Studies in Economics 9805, School of Economics, University of Kent.

    More about this item

    Keywords

    Economics and Finance;

    JEL classification:

    • K0 - Law and Economics - - General

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