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  • Estanflación Estructural

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    Daniel G.
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    This article discusses structural stagflation, where high inflation and low economic growth exist simultaneously for a prolonged period. The author argues that stagflation in Latin America during the late 1970s was structural in nature, caused by supply shocks related to the oil crisis and restrictive macroeconomic policies. The article examines the characteristics of structural stagflation and policies needed to address both inflation and unemployment over the long run, such as supply-side reforms and flexible prices and wages.

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    Estanflación estructural

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    This article discusses structural stagflation, where high inflation and low economic growth exist simultaneously for a prolonged period. The author argues that stagflation in Latin America during the late 1970s was structural in nature, caused by supply shocks related to the oil crisis and restrictive macroeconomic policies. The article examines the characteristics of structural stagflation and policies needed to address both inflation and unemployment over the long run, such as supply-side reforms and flexible prices and wages.

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    © All Rights Reserved
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    Download as pdf or txt
    11 views9 pages

    Estanflación Estructural

    Uploaded by

    Daniel G.
    This article discusses structural stagflation, where high inflation and low economic growth exist simultaneously for a prolonged period. The author argues that stagflation in Latin America during the late 1970s was structural in nature, caused by supply shocks related to the oil crisis and restrictive macroeconomic policies. The article examines the characteristics of structural stagflation and policies needed to address both inflation and unemployment over the long run, such as supply-side reforms and flexible prices and wages.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Estanflación estructural

    Author(s): Julio H. G. Olivera


    Source: Desarrollo Económico, Vol. 20, No. 77 (Apr. - Jun., 1980), pp. 41-48
    Published by: Instituto de Desarrollo Económico Y Social
    Stable URL: http://www.jstor.org/stable/3466571
    Accessed: 31-10-2015 22:51 UTC

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