Some stylized facts on external shocks and inflation upsurge in Brazil, 1951-1985

Detalhes bibliográficos
Autor(a) principal: Bastos, Carlos Pinckusfeld
Data de Publicação: 2022
Outros Autores: Bastian, Eduardo F., Bielschowsky, Ricardo
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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spelling 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
instname_str SciELO
instacron_str SCI
institution SCI
reponame_str SciELO Preprints
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repository.name.fl_str_mv SciELO Preprints - SciELO
repository.mail.fl_str_mv scielo.submission@scielo.org
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