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We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the …, and robust for different estimators and financial development measures – suggest that inflation presented deleterious … inequality. Therefore, low and stable inflation, and all that it encompasses, is a necessary first step to achieve a deeper and …
Persistent link: https://www.econbiz.de/10010284524
In this paper we examine the impact of inflation on financial development in Brazil. The data available permit us to … and erratic rates of inflation presented deleterious effects on finance at the time. The main policy implication arising … from the results is that poor macroeconomic performance, exemplified by high rates of inflation, can only have detrimental …
Persistent link: https://www.econbiz.de/10005135227
We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the … Brazil by high rates of inflation, have detrimental effects to financial development, a variable that is important for … robust for different estimators and financial development measures?suggest that inflation presented deleterious effects on …
Persistent link: https://www.econbiz.de/10005109502
We examine the impact of inflation on financial development in Brazil, and the data available permit us to cover the … analyses—suggest that inflation presented deleterious effects on financial development during the period investigated here. The … variable that is important for affecting, (e.g., economic growth and income inequality). Therefore, low and stable inflation …
Persistent link: https://www.econbiz.de/10011048926
We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the … Brazil by high rates of inflation, have detrimental effects to financial development, a variable that is important for … robust for different estimators and financial development measures–suggest that inflation presented deleterious effects on …
Persistent link: https://www.econbiz.de/10005635396
We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the … Brazil by high rates of inflation, have detrimental effects to financial development, a variable that is important for … robust for different estimators and financial development measures-suggest that inflation presented deleterious effects on …
Persistent link: https://www.econbiz.de/10010265091
exemplified in Brazil by high rates of inflation. The main implication of the results is that a deeper and more active financial …We examine the impact of financial development on earnings inequality in Brazil in the 1980s and first half of the 1990 … sector alleviates the high inequality seen in Brazil without the need for distortionary taxation. …
Persistent link: https://www.econbiz.de/10008563300
We examine the impact of financial development on earnings inequality in Brazil in the 1980s and first half of the 1990 … insulate themselves against recurrent poor macroeconomic performance, which is exemplified by high rates of inflation. The main … implication of the results is that a deeper and more active financial sector, alleviates the high inequality seen in Brazil …
Persistent link: https://www.econbiz.de/10005635391
We examine how macroeconomic performance, mainly in the role of high rates of inflation, affected earnings inequality … in the 1980s and early 1990s in Brazil. The results–based initially on national timeseries, and then on the relatively … novel sub-national panel time-series T N data and analysis–show that the extreme inflation, combined with the incomplete …
Persistent link: https://www.econbiz.de/10005635403
We examine in this paper how macroeconomic performance, mainly in the role of high and volatile rates of inflation …, affected earnings inequality in the 1980s and early 1990s in Brazil. The empirical evidence presented shows that the extreme … inflation, combined with the incomplete indexation coverage existent at the time, had a regressive and significant impact on …
Persistent link: https://www.econbiz.de/10012731176