通货膨胀锯齿工资模型的发展

IF 1.2 3区经济学 Q1 HISTORY

Journal of the History of Economic Thought Pub Date : 2024-06-01 DOI:10.1017/s1053837224000129

André Roncaglia de Carvalho

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引用次数: 0

摘要

本文论述了锯齿工资模型的发展，该模型是对持续通胀条件下定期调整的固定名义工资行为的图解。从战后不久到 20 世纪 80 年代末，我们讲述了该模型的历史，强调了本特-汉森（Bent Hansen，1951 年）的贡献，以及随后的一些改进，这些改进旨在将欠发达经济体的一些制度特征纳入通货膨胀理论。该图表在 20 世纪 60 年代受到冷遇，但直到 20 世纪 80 年代，随着惯性通货膨胀假说在有关拉丁美洲经济稳定的辩论中逐渐占据上风，该图表仍得以捍卫其传统。随着指数化实践的广泛传播，该模型又重新成为巴西理论和政策分析的主力，直到 1994 年在雷亚尔计划下成功实现稳定。

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THE DEVELOPMENT OF THE SAWTOOTH WAGES MODEL OF INFLATION

This paper covers the development of the sawtooth wages model, a graphical representation of the behavior of periodically adjusted fixed nominal wages under persistent inflationary conditions. Ranging from the immediate postwar years to the late 1980s, our narrative covers the history of the model, underscoring Bent Hansen’s (1951) contribution, followed by several improvements that aimed to incorporate into inflation theory several institution-specifc traits of underdeveloped economies. The diagram had a lukewarm reception in the 1960s but managed to defend its legacy until the 1980s, as the inertial inflation hypothesis gained terrain in the debate on economic stabilization in Latin America. Under the widespread diffusion of indexation practices, the model was then fully rehabilitated as a workhorse for theoretical and policy analysis in Brazil until a succesful stabilization was achieved in 1994 under the Real plan.

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来源期刊

Journal of the History of Economic Thought Multiple-

CiteScore

1.30

自引率

22.20%

发文量

期刊介绍： The mission of JHET is to further the objectives of the History of Economics Society. These are to promote interest in and inquiry into the history of economics and related parts of intellectual history, facilitate communication and discourse among scholars working in the field of the history of economics, and disseminate knowledge about the history of economics. JHET therefore encourages and makes available research in the fields of history of economic thought and the history of economic methodology. The work of many distinguished authors has been published in its pages. It is recognised as being a first class international scholarly publication. All articles are fully peer reviewed.