Monetary and Fiscal History of Brazil (Ayres et al.)

The monetary and fiscal history of Brazil, 1960-2016 by João Ayres, Marcio Garcia, Diogo A. Guillén, Patrick J. Kehoe published by NBER (1/2019). “Brazil has had a long period of high inflation. It peaked around 100 percent per year in 1964, decreased until the first oil shock (1973), but accelerated again afterward, reaching levels above 100 percent on average between 1980 and 1994…”

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