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immediately preceding the recent “heterodox” attempts at stabilization in Argentina, Brazil, and Israel. An attempt is made to …Although accommodative policies and widespread indexation may account for the persistence of high inflation, they … cannot explain changes in the inflation rate. This paper examines the causes of such changes for the high-inflation episodes …
Persistent link: https://www.econbiz.de/10014396235
, we show that inflation of poor households in Brazil was at least 11 percentage points higher than of the rich in the … than the prices of nontradables/higher-priced varieties. These relative price changes may lead to inflation inequality when … aftermath of the 2002 large devaluation. A detailed case study of the City of São Paulo estimates an inflation inequality …
Persistent link: https://www.econbiz.de/10012239519
In the middle of 1985 Argentina and Israel launched frontal attacks on inflation. Both countries succeeded in reducing … inflation drastically during the first year without very significant costs in terms of employment and output. Despite basic …
Persistent link: https://www.econbiz.de/10012781490
This paper examines the demand for money under conditions of very high inflation in Argentina, Bolivia, Brazil, Chile …
Persistent link: https://www.econbiz.de/10014398469
, inertial inflation and the basics of monetary reform. We also review the actual stabilization experience in Argentina, Brazil …In 1985-86 Argentina, Brazil and Israel initiated programs of stabilization after episodes of high and sharply … programs in Argentina and Israel have now been in force for over a year and the more recent one in Brazil for half a year …
Persistent link: https://www.econbiz.de/10013227053
, inertial inflation and the basics of monetary reform. We also review the actual stabilization experience in Argentina, Brazil …In 1985-86 Argentina, Brazil and Israel initiated programs of stabilization after episodes of high and sharply … programs in Argentina and Israel have now been in force for over a year and the more recent one in Brazil for half a year …
Persistent link: https://www.econbiz.de/10012476916
's hyperinflation and three high-inflation countries. Towards the peak of Weimar's hyperinflation the costs are estimated to have been …We explore the welfare costs of inflation originating from lack of liquidity satiation for Weimar Republic … equal to nearly 20 per cent of income. For Israel, Mexico, and Argentina the costs had been materially lower, but still in …
Persistent link: https://www.econbiz.de/10014494959
, Argentina, and Brazil. Based on yearly and monthly bilateral soybeans trade data from 1999 to 2010, empirical results show that … value of USA currency and affect Argentina and Brazil exporting unit price and world price changes even if it faces to a …
Persistent link: https://www.econbiz.de/10012855855
's hyperinflation and three high-inflation countries. Towards the peak of Weimar's hyperinflation the costs are estimated to have been …We explore the welfare costs of inflation originating from lack of liquidity satiation for Weimar Republic … equal to nearly 20 per cent of income. For Israel, Mexico, and Argentina the costs had been materially lower, but still in …
Persistent link: https://www.econbiz.de/10014480885
Persistent link: https://www.econbiz.de/10001747997