The Brazilian Connection in Milton Friedman's 1967 Presidential Address and 1976 Nobel Lecture
Dados Bibliográficos
| ID | 4296791 |
|---|---|
| Autores | Mauro Boianovsky (0000-0002-6874-7624, autor correspondente) |
| Ano | 2020 |
| Volume | 52 |
| Fascículo | 2 |
| Páginas | 367-396 |
| Data de publicação | 2020-04-01 |
| Peer Reviewed | Sim |
| Open Access | Não |
| Tipo | ARTICLE |
| Periódico | History of Political Economy (JOURNAL) |
| Identificadores do periódico | ISSN: 0018-2702 • E-ISSN: 1527-1919 |
| Editora | Duke University Press (PUBLISHER • US) |
| DOI | 10.1215/00182702-8173418 |
| OpenAlex | W2897018068 |
| Idioma | EN |
| Citações recebidas | 3 |
| Referências citadas | 51 |
This article investigates the role played by Friedman's interpretation of Brazilian inflation in his 1967 formulation of the natural rate hypothesis and in his 1976 discussion of indexation and other institutional arrangements in the face of chronic inflation. It is argued that, as an empirical economist and in the absence of evidence from industrialized countries, Friedman found in the Brazilian 1964-66 stabilization episode significant support for his argument about inflation acceleration and a shifting Phillips curve. Friedman's interest in the Brazilian inflationary and growing economy prompted him to visit the country in 1973. The context and implications of Friedman's Brazilian travel are also tackled in the paper
Argument (complex analysis · Context (archaeology · Economic history · Economics · Indexation · Inflation (cosmology · Interpretation (philosophy · Keynesian economics · Macroeconomics · Monetary policy · Phillips curve · Political science · Politics · Positive economics · Presidential system · Economic Theory and Institutions · Economic Theory and Policy · History · Law · Monetary Policy and Economic Impact · Philosophy
Measurement in economics
Economics
The Methodology of Positive Economics
Monetary Trends in the United States and the United Kingdom
A Monetary History of the United States, 1867-1960
Milton Friedman in Chile
The Role of Monetary Policy
Politics in Brazil, 1930 - 1964
A Natural Experiment in Monetary Policy Covering Three Episodes of Growth and Decline in the Economy and the Stock Market
Stabilization policies and stagflation
Inflation, growth and wage policy
Money-Wage Dynamics and Labor-Market Equilibrium
Nobel Lecture
Inflation and Economic Growth
The Brazilian Stabilization Program, 1964-6
Managing Macroeconomic Policy
Price Expectations and the Behavior of the Price Level
Employment, Inflation and Growth 1
The History of the Phillips Curve
The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957 1
Phillips Curves, Expectations of Inflation and Optimal Unemployment over Time
The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861-1957
Monetary Trends in the United States and the United Kingdom
Inflation and Indexation
The Origins and Development of the Latin American Structuralist Approach to the Balance of Payments, 1944–1964
Inflation and Growth in Latin America
Phillips Curves in Developing Countries
Inflation and Stagnation in Brazil
Celso Furtado and the Structuralist-Monetarist Debate on Economic Stabilization in Latin America
The Ghosts I Called I Can't Get Rid of Now
Good Economics Comes to Latin America, 1955-95
The Politics of Military Rule in Brazil, 1964-1985
| Obras citantes distintas | 3 |
|---|---|
| Citações por ano | 0,75 |
| Intervalo de citações | 2022 - 2023 (2) |
| Velocidade de citação | historical |
| Altamente citado | Não |
| Tipos de citação | Neutras: 3 |