Administrative policy to control inflation

After summarizing a model of autonomous or administered inflation presentedin another paper, the authors analyse the Keynesian and monetarist policies of controllinginflation. Finally, they discuss at length an alternative policy of price stabilization – an administrativepolicy – based on price cont...

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Detalles Bibliográficos
Autores: Bresser-Pereira, Luiz Carlos, Nakano, Yoshiaki
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:1984
País:Brasil
Institución:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:portugués
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/1898
Acceso en línea:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1898
Access Level:acceso abierto
Palabra clave:Política monetária
inflação
estabilização
controle de preços
Monetary policy
inflation
stabilization
price control
Descripción
Sumario:After summarizing a model of autonomous or administered inflation presentedin another paper, the authors analyse the Keynesian and monetarist policies of controllinginflation. Finally, they discuss at length an alternative policy of price stabilization – an administrativepolicy – based on price controls and programmed deindexation, associated withmoderate growth of the economy and followed by monetary and fiscal adjustment. JEL Classification: E31.