@article{Giambiagi_1998, title={Wages, inflation and distributive conflict: reflections on the sliding scale}, volume={8}, url={https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1105}, DOI={10.1590/0101-31571988-3073}, abstractNote={<p>This article tries to show some of the potential problems that appear with the<br />adoption of the automatic mechanism of wage increase known as “trigger point indexation”.<br />Theories about distributive conflict are the basis to describe the way the inflationary dynamic<br />behaves in a system of wage periodical indexation, which is compared with the “trigger<br />point “ system. The main conclusion is that if the government don’t manage to control prices<br />strictly, the menace of an acceleration of inflation is considerable. ln this context, the article<br />also discusses some of the different sceneries for the Brazilian economy that may be foreseen<br />for the next future as a consequence of the conflicts observed now.</p> <p><strong>JEL Classification:</strong> J38; J31.</p>}, number={3}, journal={Brazilian Journal of Political Economy}, author={Giambiagi, Fábio}, year={1998}, month={Jul.}, pages={406-420} }