Mário Henrique Simonsen and the construction of the concept of inertial inflation

Vol. 34 No. 2 (2014)

Apr-Jun / 2014
Published April 1, 2014
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Felipe Cabello, Andrea. 2014. “Mário Henrique Simonsen and the Construction of the Concept of Inertial Inflation”. Brazilian Journal of Political Economy 34 (2):317-26. https://centrodeeconomiapolitica.org/repojs/index.php/journal/article/view/275.

Mário Henrique Simonsen and the construction of the concept of inertial inflation

Andrea Felipe Cabello
Professora Adjunta do Departamento de Economia da Universidade de Brasília.
Brazilian Journal of Political Economy, Vol. 34 No. 2 (2014), Apr-Jun / 2014, Pages 317-326

Abstract

The paper analyzes the contributions of Mario Henrique Simonsen to the construction of the concept of inertial inflation and to its connected literature. Simonsen’s curve, in which the idea of inertial inflation was implicit, is analyzed, alongside with the feedback model (modelo de realimentação) and it’s shown how Simonsen built a model which considered inflationary inertia, neutralization possibilities and possible problems and costs of stabilization, anticipating many of the issued that guided the debate in the 1980s.

JEL Classification: B31.


Keywords: Mário Henrique Simonsen inertial inflation feedback model Simonsen’s curve