Browsing FGV EPGE - Seminários de Pesquisa Econômica by Author "Loyo, Eduardo H. M. M."

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    • Demand-pull stagflation 

      Loyo, Eduardo H. M. M.
      1999-08-19
      This paper explores the possibility of stagflation emanating exc1usively from monetaJy sbocks, without concurrent supply shocks or shifts in potential output. This arises in connection with a tight money paradox. in the ...

    • Imaginary money 

      Loyo, Eduardo H. M. M.
      2001-10-11
      This paper considers price setting in pure units of account, linked to the means of payment through managed parities. If prices are sticky in the units in which they are set, parity changes may facilitate equilibrium ...