Article(print) World Affairs Online1999

Inertial inflation, indexation and price stickiness: evidence from Brazil

In: Journal of development economics

Durevall, Dick

Order using Subito

Checking availability at your location

Abstract

This paper evaluates the inertial hypothesis for Brazil which posits that indexation created a feedback mechanism such that one-time supply shocks were fully transmitted into permanent changes in inflation. A theoretical model is used to show that this outcome is based on the assumption of perfect price flexibility. (DSE/DÜI)

Report Issue

If you have problems with the access to a found title, you can use this form to contact us. You can also use this form to write to us if you have noticed any errors in the title display.