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A note on growth and inflation
(Escola de Pós-Graduação em Economia da FGV, 1997-12)
A simple exercise on growth and inflationary financing of public expenditures is presented in this note. In a parameterized overlapping generations mode1 where government expenses positivc1y affects the growth rate of human ...
Sustained growth, government expenditure and inflation
(Escola de Pós-Graduação em Economia da FGV, 1996-02)
We construct and simulate a theoretical model in order to explain particular historical experiences in which inflation acceleration apparently helped to spur a period of economic growth. Government financed expenditures ...