Inflation persists at moderate rates of 15-30 percent in all the countries that successfully reduced triple digit … inflations in the 1980s. Several other countries, for example Colombia, have experienced moderate inflation for prolonged periods …. In this paper we first set out theories of persistent inflation, which can be classified into those emphasizing …

This paper discusses the acceleration of inflation in Brazil. In the early 1980s, the Brazilian inflation rate … Cruzado Plan failed to stop inflation because of an extremely loose monetary policy coupled with a lack of fiscal austerity …. Repeated price controls have increased the variability of inflation. More recently, the decline in tax collections and the …

future. This paper summarizes the key themes emerging from a conference on de-industrialization. De-industrialization is a …

, 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 … accelerating inflation. Among the key features of each stabilization program were the use of wage- price controls, a fixed exchange …

Linked employer-employee data for Brazil over a period of large-scale trade liberalization document two salient …

development quest. The sample includes seven developing countries--Botswana, Ghana, Nigeria, Zambia, India, Vietnam and Brazil …

A parsimonious model of shifting policy regimes can simultaneously capture expected and actual US inflation during 1969 …. Private sector learning about policymaker type leads to a reputation state variable. We use model inflation forecasting rules … to extract state variables from SPF inflation forecasts. US inflation is tracked by optimal policy without commitment …

This paper assesses the proximate causes of the post pandemic surge in US inflation, the Federal Reserve's real time …