In the context of the stabilization and economic growth that hasfollowed the Real plan introduced in mid 1994, the latest effort tocurb dramatically high inflation, the Brazilian automotive industryhas continued to grow following a series of policy changes occurredthroughout the 90s.The industry...

An inflationary environment affects the consumers' ability to distinguish between relative price changes and the generalized increase in prices observed in the economy, bringing about implications for cartel stability. We propose a framework to analyze how inflationary uncertainty, interacting...