Some stylized facts on external shocks and inflation upsurge in Brazil, 1951-1985
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Outros Autores: | , |
Tipo de documento: | preprint |
Idioma: | eng |
Título da fonte: | SciELO Preprints |
Texto Completo: | https://preprints.scielo.org/index.php/scielo/preprint/view/5316 |
Resumo: | This paper studies the episodes of inflation upsurge in Brazil from 1951 to 1985, a period wherein Brazilian inflation rates were among the highest in the world. It identifies the episodes of inflation upsurge within this period and analyzes whether they were concomitant with and/or preceded by some type of external shock (exchange rate devaluations and/or commodity price shocks). Based on this relationship this paper identifies eight episodes of inflation upsurge and shows that seven out of these eight episodes followed such pattern. We show also that such analysis is strongly associated with the traditional structuralist Latin American inflation theory. |
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Some stylized facts on external shocks and inflation upsurge in Brazil, 1951-1985Alguns fatos estilizados sobre choques externos e surtos inflacionários no Brasil, 1951-1985Brasilinflação de custoschoques externosBrazilcost-push inflationexternal shocksThis paper studies the episodes of inflation upsurge in Brazil from 1951 to 1985, a period wherein Brazilian inflation rates were among the highest in the world. It identifies the episodes of inflation upsurge within this period and analyzes whether they were concomitant with and/or preceded by some type of external shock (exchange rate devaluations and/or commodity price shocks). Based on this relationship this paper identifies eight episodes of inflation upsurge and shows that seven out of these eight episodes followed such pattern. We show also that such analysis is strongly associated with the traditional structuralist Latin American inflation theory.O presente artigo estuda as causas do aumento da inflação no Brasil de 1951 a 1985, período em que as taxas de inflação brasileiras estiveram entre as mais altas do mundo. Para tanto, identifica os episódios de surto inflacionário no Brasil nesse período e observa se eles estiveram relacionados a fatores de pressão de custos, notadamente choques externos (desvalorizações cambiais e / ou choques de preços de commodities. Observa-se que sete dentre os oito episódios de surto inflacionário identificados no período foram precedidos ou concomitantes a alguma forma de choque externo. Mostramos também que essa análise é profundamente associada com a tradição estruturalista Latino Americana em termos de interpretação do fenômeno inflacionário.SciELO PreprintsSciELO PreprintsSciELO Preprints2022-12-23info:eu-repo/semantics/preprintinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://preprints.scielo.org/index.php/scielo/preprint/view/531610.1590/0103-6351/7140enghttps://preprints.scielo.org/index.php/scielo/article/view/5316/10272Copyright (c) 2022 Carlos Pinckusfeld Bastos, Eduardo F. Bastian, Ricardo Bielschowskyhttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessBastos, Carlos PinckusfeldBastian, Eduardo F.Bielschowsky, Ricardoreponame:SciELO Preprintsinstname:SciELOinstacron:SCI2022-12-23T17:33:10Zoai:ops.preprints.scielo.org:preprint/5316Servidor de preprintshttps://preprints.scielo.org/index.php/scieloONGhttps://preprints.scielo.org/index.php/scielo/oaiscielo.submission@scielo.orgopendoar:2022-12-23T17:33:10SciELO Preprints - SciELOfalse |
dc.title.none.fl_str_mv |
Some stylized facts on external shocks and inflation upsurge in Brazil, 1951-1985 Alguns fatos estilizados sobre choques externos e surtos inflacionários no Brasil, 1951-1985 |
title |
Some stylized facts on external shocks and inflation upsurge in Brazil, 1951-1985 |
spellingShingle |
Some stylized facts on external shocks and inflation upsurge in Brazil, 1951-1985 Bastos, Carlos Pinckusfeld Brasil inflação de custos choques externos Brazil cost-push inflation external shocks |
title_short |
Some stylized facts on external shocks and inflation upsurge in Brazil, 1951-1985 |
title_full |
Some stylized facts on external shocks and inflation upsurge in Brazil, 1951-1985 |
title_fullStr |
Some stylized facts on external shocks and inflation upsurge in Brazil, 1951-1985 |
title_full_unstemmed |
Some stylized facts on external shocks and inflation upsurge in Brazil, 1951-1985 |
title_sort |
Some stylized facts on external shocks and inflation upsurge in Brazil, 1951-1985 |
author |
Bastos, Carlos Pinckusfeld |
author_facet |
Bastos, Carlos Pinckusfeld Bastian, Eduardo F. Bielschowsky, Ricardo |
author_role |
author |
author2 |
Bastian, Eduardo F. Bielschowsky, Ricardo |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Bastos, Carlos Pinckusfeld Bastian, Eduardo F. Bielschowsky, Ricardo |
dc.subject.por.fl_str_mv |
Brasil inflação de custos choques externos Brazil cost-push inflation external shocks |
topic |
Brasil inflação de custos choques externos Brazil cost-push inflation external shocks |
description |
This paper studies the episodes of inflation upsurge in Brazil from 1951 to 1985, a period wherein Brazilian inflation rates were among the highest in the world. It identifies the episodes of inflation upsurge within this period and analyzes whether they were concomitant with and/or preceded by some type of external shock (exchange rate devaluations and/or commodity price shocks). Based on this relationship this paper identifies eight episodes of inflation upsurge and shows that seven out of these eight episodes followed such pattern. We show also that such analysis is strongly associated with the traditional structuralist Latin American inflation theory. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-12-23 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/preprint info:eu-repo/semantics/publishedVersion |
format |
preprint |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://preprints.scielo.org/index.php/scielo/preprint/view/5316 10.1590/0103-6351/7140 |
url |
https://preprints.scielo.org/index.php/scielo/preprint/view/5316 |
identifier_str_mv |
10.1590/0103-6351/7140 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://preprints.scielo.org/index.php/scielo/article/view/5316/10272 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2022 Carlos Pinckusfeld Bastos, Eduardo F. Bastian, Ricardo Bielschowsky https://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2022 Carlos Pinckusfeld Bastos, Eduardo F. Bastian, Ricardo Bielschowsky https://creativecommons.org/licenses/by/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
SciELO Preprints SciELO Preprints SciELO Preprints |
publisher.none.fl_str_mv |
SciELO Preprints SciELO Preprints SciELO Preprints |
dc.source.none.fl_str_mv |
reponame:SciELO Preprints instname:SciELO instacron:SCI |
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SciELO |
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SCI |
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SCI |
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SciELO Preprints |
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SciELO Preprints |
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SciELO Preprints - SciELO |
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scielo.submission@scielo.org |
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1797047830987145216 |