The dynamics of chronic inflation in Brazil, 1968-1985

被引:13
作者
Durevall, D [1 ]
机构
[1] Univ Gothenburg, Sch Econ & Commercial Law, Dept Econ, SE-40530 Gothenburg, Sweden
关键词
cointegration; error-correction model; inertial inflation;
D O I
10.2307/1392611
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article develops an error-correction model with the aim of analyzing the behavior of prices during a period of chronic inflation in Brazil. The degree of inflationary inertia is estimated, and tests for the importance of disequilibria in the domestic-money, foreign-goods, labor, and domestic-goods markets on inflation are carried out.
引用
收藏
页码:423 / 432
页数:10
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