Custos de bem-estar da inflação no Brasil: uma comparação das estimativas de equilíbrio parcial e geral
The purpose of this paper is to estimate the welfare costs of inflation for the Brazilian economy using a general equilibrium approach and to compare the results with the ones traditionally obtained, which are based on a partial equilibrium approach. The period studied is 1975I-1996IV. It is found...
| Main Authors: | , |
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| Format: | Article |
| Language: | Portuguese |
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Universidade de São Paulo
2003-06-01
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| Series: | Economia Aplicada |
| Subjects: | |
| Online Access: | https://www.revistas.usp.br/ecoa/article/view/220207 |
| _version_ | 1797392415631343616 |
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| author | Ana Claudia Polato e Fava Fabiana Rocha |
| author_facet | Ana Claudia Polato e Fava Fabiana Rocha |
| author_sort | Ana Claudia Polato e Fava |
| collection | DOAJ |
| description |
The purpose of this paper is to estimate the welfare costs of inflation for the Brazilian economy using a general equilibrium approach and to compare the results with the ones traditionally obtained, which are based on a partial equilibrium approach. The period studied is 1975I-1996IV. It is found a 2% of GDP welfare cost for an inflation rate of 10%. This result is higher than the one found by Pastore (1997) for the same inflation rate but using a partial equilibrium approach.
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| first_indexed | 2024-03-08T23:48:02Z |
| format | Article |
| id | doaj.art-b7eee0f0060e49b4b4a106e9275a0163 |
| institution | Directory Open Access Journal |
| issn | 1413-8050 1980-5330 |
| language | Portuguese |
| last_indexed | 2024-03-08T23:48:02Z |
| publishDate | 2003-06-01 |
| publisher | Universidade de São Paulo |
| record_format | Article |
| series | Economia Aplicada |
| spelling | doaj.art-b7eee0f0060e49b4b4a106e9275a01632023-12-13T16:13:25ZporUniversidade de São PauloEconomia Aplicada1413-80501980-53302003-06-0173Custos de bem-estar da inflação no Brasil: uma comparação das estimativas de equilíbrio parcial e geralAna Claudia Polato e Fava0Fabiana Rocha1University of Illinois at Urbana-ChampaignUniversidade de São Paulo The purpose of this paper is to estimate the welfare costs of inflation for the Brazilian economy using a general equilibrium approach and to compare the results with the ones traditionally obtained, which are based on a partial equilibrium approach. The period studied is 1975I-1996IV. It is found a 2% of GDP welfare cost for an inflation rate of 10%. This result is higher than the one found by Pastore (1997) for the same inflation rate but using a partial equilibrium approach. https://www.revistas.usp.br/ecoa/article/view/220207welfare costs ofinflationgeneral equilibriumpartial equilibrium |
| spellingShingle | Ana Claudia Polato e Fava Fabiana Rocha Custos de bem-estar da inflação no Brasil: uma comparação das estimativas de equilíbrio parcial e geral Economia Aplicada welfare costs ofinflation general equilibrium partial equilibrium |
| title | Custos de bem-estar da inflação no Brasil: uma comparação das estimativas de equilíbrio parcial e geral |
| title_full | Custos de bem-estar da inflação no Brasil: uma comparação das estimativas de equilíbrio parcial e geral |
| title_fullStr | Custos de bem-estar da inflação no Brasil: uma comparação das estimativas de equilíbrio parcial e geral |
| title_full_unstemmed | Custos de bem-estar da inflação no Brasil: uma comparação das estimativas de equilíbrio parcial e geral |
| title_short | Custos de bem-estar da inflação no Brasil: uma comparação das estimativas de equilíbrio parcial e geral |
| title_sort | custos de bem estar da inflacao no brasil uma comparacao das estimativas de equilibrio parcial e geral |
| topic | welfare costs ofinflation general equilibrium partial equilibrium |
| url | https://www.revistas.usp.br/ecoa/article/view/220207 |
| work_keys_str_mv | AT anaclaudiapolatoefava custosdebemestardainflacaonobrasilumacomparacaodasestimativasdeequilibrioparcialegeral AT fabianarocha custosdebemestardainflacaonobrasilumacomparacaodasestimativasdeequilibrioparcialegeral |