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Avoiding some costs of inflation and crawling toward hyperinflation: The case of the Brazilian domestic currency substitute
13 references·4 citing·35 second hop
Avoiding some costs of inflation and crawling toward hyperinflation: The case of the Brazilian domestic currency substitute (1996)Avoiding some costs of inflation and craw…Déficit Público, a Sustentabilidade do Crescimento das Dívidas Interna e Externa, Senhoriagem e Inflação: Uma Análise do Regime Monetário Brasileiro. (1994)Déficit Público, a Sustentabi…Macroeconomics in the Global Economy (1993)Macroeconomics in the Global …Israel's Stabilization Program of 1985, Or Some Simple Truths of Monetary Theory (1993)Israel's Stabilization Progra…Lessons of Economic Stabilization and Its Aftermath (1992)Lessons of Economic Stabiliza…Lectures on macroeconomics (1990)Lectures on macroeconomicsInflationary Consequences of Anticipated Macroeconomic Policies (1990)Inflationary Consequences of …Should Governments Learn to Live with Inflation (1989)Should Governments Learn to L…Seigniorage, Operating Rules and the High Inflation Trap (1987)Seigniorage, Operating Rules …Inflation and Indexation: Argentina, Brazil, and Israel (1987)Inflation and Indexation: Arg…Inflation, debt, and indexation (1985)Inflation, debt, and indexati…Inflation, Debt, and Indexation (1985)Inflation, Debt, and Indexati…Inertial inflation and monetary reform in Brazil (1985)Inertial inflation and moneta…Bank Runs, Deposit Insurance, and Liquidity (1983)Bank Runs, Deposit Insurance,…The Monetary and Fiscal History of Brazil, 1960-2016 (2019)The Monetary and Fiscal Histo…Stock Returns Under High Inflation and Interest Rates: Evidence from the Brazilian Market (2014)Stock Returns Under High Infl…Israel’s Stabilization Programme of 1985, or Some Simple Truths of Monetary Theory (1995)Israel’s Stabilization Progra…Imposto inflacionário e transferências inflacionárias no Brasil (1994)Imposto inflacionário e trans…Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977)Rules, discretion and reputation in a model of monetary policy (1983)The Optimal Degree of Commitment to an Intermediate Monetary Target (1985)Deadweight Costs and the Size of Government (1998)Deadweight Costs and the Size of Government (2003)Wage Setting, Social Pacts and the Euro : A New Role for the State (2006)Government Revenue from Inflation (1971)Crisis, Stabilization, and Economic Reform (1993)Convergence trading with wealth effects: an amplification mechanism in financial markets (2001)Asymmetric Price Movements and Borrowing Constraints: A Rational Expectations Equilibrium Model of Crises, Contagion, and Confusion (2005)Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression (1983)Financial Intermediation and Delegated Monitoring (1984)Financial Contagion (2000)Market Liquidity and Funding Liquidity (2008)A Monetary History of the United States, 1867-1960 (2017)Stabilizing neoliberalism in Bolivia: popular participation and privatization (2002)Sovereignty Regimes: Territoriality and State Authority in Contemporary World Politics (2005)The volatility of Bitcoin and its role as a medium of exchange and a store of value (2021)The Decline and Fall of Brazil's Cruzado (1989)When politics matter: Economic stabilization in Argentina and Israel (1994)The Neoliberal Fallacy (1992)Economic Instability and Aggregate Investment (1993)Economic reforms in new democracies: a social-democratic approach (1993)Perspectives on the Role of Government Risk-Bearing within the Financial Sector (1993)Disinflation in Transition Economies (1996)Intergenerational risk sharing and fiscal policy (2009)Rational Asset Pricing Bubbles (1997)The cyclical behaviour of fiscal policy: evidence from the OECD (2002)Long-term economic growth projections in the Shared Socioeconomic Pathways (2015)Why do we have nominal government debt? (1988)Servicing the Public Debt: The Role of Expectations* *I have greatly benefited from comments received at Johns Hopkins University, Georgetown University, the Macro Lunch Group of the University of Pennsylvania, MIT, and the Research Department of the International Monetary Fund. I am particularly indebted to Matt Canzoneri, Sara Guerschanik-Calvo, Joseph Harrington, Jr, Elhanan Helpman, Nissan Leviatan, Maury Obstfeld, Assaf Razin, Sweder van Wijnbergen and two anonymous referees. The research on this paper was partly done while I was a visiting scholar at the Research Department of the Internationed Monetary Fund, and it was partially funded by the National Science Foundation. However, any opinions expressed are entirely my own and not those of any of the above institutions. This paper has already been published in the The American Economic Review, 78, 4, September 1988, pp. 647–661. (1989)Intergenerational risk sharing within funded pension schemes (2010)Can Severe Fiscal Contractions be Expansionary? Tales of Two Small European Countries (1990)Fiscal crises and aggregate demand: can high public debt reverse the effects of fiscal policy? (1997)Inflation and the fiscal limit (2010)
this work references cited by second hop

References

  • 1983Bank Runs, Deposit Insurance, and Liquidity9,689 cited
  • 1990Lectures on macroeconomics1,389 cited
  • 1993Macroeconomics in the Global Economy349 cited
  • 1987Seigniorage, Operating Rules and the High Inflation Trap207 cited
  • 1985Inflation, debt, and indexation187 cited
  • 1992Lessons of Economic Stabilization and Its Aftermath164 cited
  • 1990Inflationary Consequences of Anticipated Macroeconomic Policies142 cited
  • 1989Should Governments Learn to Live with Inflation100 cited
  • 1987Inflation and Indexation: Argentina, Brazil, and Israel77 cited
  • 1985Inflation, Debt, and Indexation71 cited
  • 1993Israel's Stabilization Program of 1985, Or Some Simple Truths of Monetary Theory57 cited
  • 1985Inertial inflation and monetary reform in Brazil55 cited
  • 1994Déficit Público, a Sustentabilidade do Crescimento das Dívidas Interna e Externa, Senhoriagem e Inflação: Uma Análise do Regime Monetário Brasileiro.41 cited

Cited by

  • 1995Israel’s Stabilization Programme of 1985, or Some Simple Truths of Monetary Theory34 cited
  • 2019The Monetary and Fiscal History of Brazil, 1960-201625 cited

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  • 2014Stock Returns Under High Inflation and Interest Rates: Evidence from the Brazilian Market22 cited
  • 1994Imposto inflacionário e transferências inflacionárias no Brasil16 cited