Description
Professor Amadeo considers theoretical, institutional and empirical aspects of a problem, chronic and very high inflation, which has been at the heart of the economic crisis in Brazil during the last 15 years. After analysing economic models of wage and price determination in regimes of high inflation, the author examines institutional approaches to the organization of unions and the structure of wage bargains - with emphasis on the centralization of bargains - and concludes with a discussion and empirical assessment of the relation between wage bargaining and inflation in Brazil.
Combining a sophisticated theoretical analysis with a rigorous study of Brazil's recent period of rampant inflation, Professor Amadeo offers both theoretical and applied economists a series of informed and significant insights into the phenomenon of inflation.
About the Author
Edward J. Amadeo, Associate Professor, Department of Economics, Pontifical Catholic University of Rio de Janeiro, Brazil
Book Information
ISBN 9781852786823
Author Edward J. Amadeo
Format Hardback
Page Count 200
Imprint Edward Elgar Publishing Ltd
Publisher Edward Elgar Publishing Ltd
