Inertial inflation and the Cruzado plan

Luiz Carlos Bresser-Pereira

doi:10.1590/0101-31571986-3009

Vol. 6 No. 3 (1986)

Jul-Sep / 1986

Published July 1, 1986

PDF-Portuguese (Português (Brasil))

How to Cite

Bresser-Pereira, Luiz Carlos. 1986. “Inertial Inflation and the Cruzado Plan”. Brazilian Journal of Political Economy 6 (3):343-58. https://doi.org/10.1590/0101-31571986-3009.

Inertial inflation and the Cruzado plan

Luiz Carlos Bresser-Pereira

Fundação Getúlio Vargas, São Paulo. São Paulo/SP, Brasil.

https://orcid.org/0000-0001-8679-0557

Brazilian Journal of Political Economy, Vol. 6 No. 3 (1986), Jul-Sep / 1986, Pages 343-358

https://doi.org/10.1590/0101-31571986-3009

Abstract

On February 28 of 1986 the Brazilian government decided to freeze all prices.
This “heterodox shock “ and the development by Brazilian economists of the theory of inertial
inflation, which served as a theoretical basis for the shock, are here discussed.

JEL Classification: E31.

Keywords: Inflation Cruzado Plan stabilization inertia

Most read articles by the same author(s)

Luiz Carlos Bresser-Pereira, Maryse Farhi, Daniela Magalhães Prates, Maria Cristina Penido de Freitas, Marcos Antonio Macedo Cintra, Jennifer Hermann, Ana Rosa Ribeiro de Mendonça, Fernando Ferrari Filho, Luiz Fernando de Paula, João Sicsú, José Luís da Costa Oreiro, Flávio Augusto Correa Basilio, Paulo Gala, The 2008 financial crisis , Brazilian Journal of Political Economy: Vol. 29 No. 1 (2009): Jan-Mar / 2009
Luiz Carlos Bresser-Pereira, Nelson Marconi, Tiago Porto, Eliane Araujo, Rafael Leao, Current equilibrium exchange rate: methodology and estimations for Latin American countries , Brazilian Journal of Political Economy: Vol. 42 No. 4 (2022): Oct-Dez / 2022
Luiz Carlos Bresser-Pereira, Yoshiaki Nakano, A Strategy of Development with Stability , Brazilian Journal of Political Economy: Vol. 22 No. 3 (2002): Jul-Sep / 2002
Luiz Carlos Bresser-Pereira, Yoshiaki Nakano, Hyperinflation and stabilization in Brazil: the first Collor Plan , Brazilian Journal of Political Economy: Vol. 11 No. 4 (1991): Oct-Dec / 1991
Carmem Feijó, Eliane Cristina Araújo, Luiz Carlos Bresser-Pereira, Monetary policy in Brazil in pandemic times , Brazilian Journal of Political Economy: Vol. 42 No. 1 (2022): Jan-Mar / 2022
Luiz Carlos Bresser-Pereira, Yoshiaki Nakano, Accelerating, maintaining and sanctionating factors of inflation , Brazilian Journal of Political Economy: Vol. 4 No. 1 (1984): Jan-Mar / 1984
Luiz Carlos Bresser-Pereira, Five models of capitalism , Brazilian Journal of Political Economy: Vol. 32 No. 1 (2012): Jan-Mar / 2012
Luiz Carlos Bresser-Pereira, The value of the exchange rate and the Dutch disease , Brazilian Journal of Political Economy: Vol. 33 No. 3 (2013): Jul-Sep / 2013
Luiz Carlos Bresser-Pereira, Financing COVID-19, inflation and fiscal constraint , Brazilian Journal of Political Economy: Vol. 40 No. 4 (2020): Oct-Dez/2020
Luiz Carlos Bresser-Pereira, José Luis Oreiro, A brief history of development theory. From Schumpeter and Prebisch to new developmentalism , Brazilian Journal of Political Economy: Vol. 44 No. 1 (2024): Jan-Mar / 2024

1 2 3 4 5 6 7 8 9 10 > >>

Vol. 6 No. 3 (1986)

How to Cite

Download Citation

Inertial inflation and the Cruzado plan

Abstract

Most read articles by the same author(s)