Lagos, Luis Felipe; Galetovic, Alexander - In: Latin American Journal of Economics-formerly Cuadernos … 26 (1989) 78, pp. 217-242
In this paper we study the heterodox stabilization plans of Argentina 1985 (Plan Austral) and Brazil 1986 (Plan Cruzado). Both plans considered that the main cause of inflation was inertia, due to indexation of wages, exchange rates and financial instrume
