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...

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Bibliographic Details
Main Authors: Osmani Pontes Moreno, André de Melo Modenesi
Format: Article
Language:English
Published: Editora 34 2014-12-01
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