A curva de Rangel: origem, desenvolvimento e a formalização de Bresser-Pereira e Nakano
For Rangel inflation is caused by oligopolies and is necessary because it prevents a depression in an economy with low propensity to consume. Facing inflation, government prints money to avoid a liquidity crisis. This conception implies a double opposition to monetarist thought: conceives inflation...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Editora 34
2014-12-01
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Series: | Brazilian Journal of Political Economy |
Subjects: | |
Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572014000400004&lng=en&tlng=en |