Inflation in Brazil : 1947-1967

Detalhes bibliográficos
Ano de defesa: 1972
Autor(a) principal: Zottmann, Luiz
Orientador(a): Não Informado pela instituição
Banca de defesa: Não Informado pela instituição
Tipo de documento: Dissertação
Tipo de acesso: Acesso aberto
dARK ID: ark:/51990/001300000ng2p
Idioma: eng
Instituição de defesa: Instituto de Pesquisa Econômica Aplicada (Ipea)
Columbia University
Programa de Pós-Graduação: Não Informado pela instituição
Departamento: Não Informado pela instituição
País: Não Informado pela instituição
Palavras-chave em Português:
Link de acesso: https://repositorio.ipea.gov.br/handle/11058/13829
Resumo: This study examines the nature of Brazilian inflation from 1947 to 1967, addressing key questions about the causes of price increases: 1) shortages in food and foreign exchange supply, 2) wage adjustments exceeding productivity gains and other non-wage related causes, and 3) excessive monetary expansion. The study measures these causes as imbalances between demand and supply in various markets. The model distinguishes itself by testing the relative inflationary impact of structural and monetary factors and allowing for partial absorption of cost-push inflation through GDP growth. Despite data limitations, the study finds that import, wage, and monetary imbalances were significant explanatory variables, though their impact varied over time. Wage imbalances were the main source of inflation from 1952 to 1959. Import imbalances never caused price increases above 5% annually. Monetary disturbances were the primary inflation source from 1947 to 1951 and from 1960 onward. The study’s findings align with observed trends in employment and investment.
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spelling Inflation in Brazil : 1947-1967InflaçãoInflaçãoSistemas monetáriosDistúrbios monetáriosVariáveis monetáriasThis study examines the nature of Brazilian inflation from 1947 to 1967, addressing key questions about the causes of price increases: 1) shortages in food and foreign exchange supply, 2) wage adjustments exceeding productivity gains and other non-wage related causes, and 3) excessive monetary expansion. The study measures these causes as imbalances between demand and supply in various markets. The model distinguishes itself by testing the relative inflationary impact of structural and monetary factors and allowing for partial absorption of cost-push inflation through GDP growth. Despite data limitations, the study finds that import, wage, and monetary imbalances were significant explanatory variables, though their impact varied over time. Wage imbalances were the main source of inflation from 1952 to 1959. Import imbalances never caused price increases above 5% annually. Monetary disturbances were the primary inflation source from 1947 to 1951 and from 1960 onward. The study’s findings align with observed trends in employment and investment.129 p. il.Instituto de Pesquisa Econômica Aplicada (Ipea)Columbia University2024-05-21T18:17:40Z2024-05-21T18:17:40Z19721972info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfZOTTMANN, Luiz. Inflation in Brazil : 1947-1967. New York : Columbia University, Ipea, 1972. Disponível em: https://repositorio.ipea.gov.br/handle/11058/13829https://repositorio.ipea.gov.br/handle/11058/13829ark:/51990/001300000ng2peng1947-1967Instituto de Pesquisa Econômica Aplicada (Ipea)Licença Padrão IpeaÉ permitida a reprodução deste texto e dos dados nele contidos, desde que citada a fonte. Reproduções para fins comerciais são proibidas.info:eu-repo/semantics/openAccessZottmann, Luizreponame:Repositório Institucional da IPEA (RCIpea)instname:Instituto de Pesquisa Econômica Aplicada (IPEA)instacron:IPEA2025-07-17T20:39:54Zoai:repositorio.ipea.gov.br:11058/13829Repositório InstitucionalPUBhttp://repositorio.ipea.gov.br/oai/requestsuporte@ipea.gov.bropendoar:2025-07-17T20:39:54Repositório Institucional da IPEA (RCIpea) - Instituto de Pesquisa Econômica Aplicada (IPEA)false
dc.title.none.fl_str_mv Inflation in Brazil : 1947-1967
title Inflation in Brazil : 1947-1967
spellingShingle Inflation in Brazil : 1947-1967
Zottmann, Luiz
Inflação
Inflação
Sistemas monetários
Distúrbios monetários
Variáveis monetárias
title_short Inflation in Brazil : 1947-1967
title_full Inflation in Brazil : 1947-1967
title_fullStr Inflation in Brazil : 1947-1967
title_full_unstemmed Inflation in Brazil : 1947-1967
title_sort Inflation in Brazil : 1947-1967
author Zottmann, Luiz
author_facet Zottmann, Luiz
author_role author
dc.contributor.author.fl_str_mv Zottmann, Luiz
dc.subject.por.fl_str_mv Inflação
Inflação
Sistemas monetários
Distúrbios monetários
Variáveis monetárias
topic Inflação
Inflação
Sistemas monetários
Distúrbios monetários
Variáveis monetárias
description This study examines the nature of Brazilian inflation from 1947 to 1967, addressing key questions about the causes of price increases: 1) shortages in food and foreign exchange supply, 2) wage adjustments exceeding productivity gains and other non-wage related causes, and 3) excessive monetary expansion. The study measures these causes as imbalances between demand and supply in various markets. The model distinguishes itself by testing the relative inflationary impact of structural and monetary factors and allowing for partial absorption of cost-push inflation through GDP growth. Despite data limitations, the study finds that import, wage, and monetary imbalances were significant explanatory variables, though their impact varied over time. Wage imbalances were the main source of inflation from 1952 to 1959. Import imbalances never caused price increases above 5% annually. Monetary disturbances were the primary inflation source from 1947 to 1951 and from 1960 onward. The study’s findings align with observed trends in employment and investment.
publishDate 1972
dc.date.none.fl_str_mv 1972
1972
2024-05-21T18:17:40Z
2024-05-21T18:17:40Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv ZOTTMANN, Luiz. Inflation in Brazil : 1947-1967. New York : Columbia University, Ipea, 1972. Disponível em: https://repositorio.ipea.gov.br/handle/11058/13829
https://repositorio.ipea.gov.br/handle/11058/13829
dc.identifier.dark.fl_str_mv ark:/51990/001300000ng2p
identifier_str_mv ZOTTMANN, Luiz. Inflation in Brazil : 1947-1967. New York : Columbia University, Ipea, 1972. Disponível em: https://repositorio.ipea.gov.br/handle/11058/13829
ark:/51990/001300000ng2p
url https://repositorio.ipea.gov.br/handle/11058/13829
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv Instituto de Pesquisa Econômica Aplicada (Ipea)
Licença Padrão Ipea
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Instituto de Pesquisa Econômica Aplicada (Ipea)
Licença Padrão Ipea
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.coverage.none.fl_str_mv 1947-1967
dc.publisher.none.fl_str_mv Instituto de Pesquisa Econômica Aplicada (Ipea)
Columbia University
publisher.none.fl_str_mv Instituto de Pesquisa Econômica Aplicada (Ipea)
Columbia University
dc.source.none.fl_str_mv reponame:Repositório Institucional da IPEA (RCIpea)
instname:Instituto de Pesquisa Econômica Aplicada (IPEA)
instacron:IPEA
instname_str Instituto de Pesquisa Econômica Aplicada (IPEA)
instacron_str IPEA
institution IPEA
reponame_str Repositório Institucional da IPEA (RCIpea)
collection Repositório Institucional da IPEA (RCIpea)
repository.name.fl_str_mv Repositório Institucional da IPEA (RCIpea) - Instituto de Pesquisa Econômica Aplicada (IPEA)
repository.mail.fl_str_mv suporte@ipea.gov.br
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