ECONOMICS - ALL TEXTS

1987. With Yoshiaki Nakano. Collected papers on the theory of inertial or indexed inflation. Translation of Inflação e Recessão (1984) with the addition of paper on the 1985 Cruzado Plan. (Book: Lynne Rienner Publishers) Sold out. Available in pdf

1986. The classical model of development with inverted distribution and three types of technical progress. A critique of Marx's falling tendency of the rate of profit. Chapters 3 and 4 of Lucro, Acumulação e Crise) (Paper: Revista de Economia Política)*

1986 - Book on the phases of capitalist development and the distribution of income using Marx's model of the falling tendency of the rate of profit. Atualized in the apendix with the paper, "Growth and distribution: a revised classical model". First edition, 1986; second edition, em Kindle e em pdf .

Capítulo VI de Bresser-Pereira, Luiz Carlos Lucro Acumulação e Crise. São Paulo: Editora Brasiliense, 1986. pp 89-96.

1985. From the assumption that Economics is ideologically conditioned, the author distinguishes a conservative from a progressist approach to economic theory and economic policy.(Lecture: Revista de Economia Política)*

1984. With Yoshiaki Nakano. A book of essays on the theory of inertial inflation. English translation: The Theory of Inertial Inflation. (Complete book) Disponível em PDF.

1984 (1987). With Yoshiaki Nakano. Inertial inflation is consistent with the Philips that shifts continuously to the right. Portuguese version available. (Paper in The Theory of Inertial Inflation. Boulder: Lynne Rienner Publishers, 1987: 109-116).

1984 [1987]. With Yoshiaki Nakano. High inertial inflation can be neutralized by a heroic price freeze combined with conversion tables. The original paper, in Portuguese, was the first proposal of a 'heterodox shock' in Brazil, published in July 1984, in Revista de Economia Política before Chico Lopes' August proposal publihed in a bulletin. (Chapter 4 of Bresser-Pereira & Nakano, The Theory of Inertial Inflation. Boulder: Lynne Rienner Publishers, 1987: 83-107).

1984. With Yoshiaki Nakano. High inertial inflation can be neutralized by a heroic price freeze combined with conversion tables. The first proposal of a 'heterodox shock' in Brazil, published in July 1983, in Revista de Economia Política before Chico Lopes' August proposal publihed in a bulletin. English version available. (Paper: Revista de Economia Política

1983 [1987]. With Yoshiaki Nakano. Translation of "Fatores aceleradores, mantenedores e sancionadores.da inflação" (1983). The founding paper on the theory of inertial or indexed inflation. Portuguese version available.

1983. With Yoshiaki Nakano. The founding paper on the theory of inertial inflation. One must distinguish the accelerating from the maintaining and the sanctioning factors of inflation. English version available. (Paper: Anais do X Encontro Nacional de Economia da ANPEC, December 1983.

1983. With Yoshiaki Nakano. The founding paper on the theory of inertial inflation. One must distinguish the accelerating from the maintaining and the sanctioning factors of inflation. (Portuguese version available)

1981 This paper explains stagflation with the administrative or cost theory of inflation emphasizing money endogeneity. This paper contains my first vision of inertial inflation: in one of the sessions I explain high inflation by the fact that firms A, B, and C index their princes increasing them according to the going rate of inflation in a staggered way. (Paper: Revista de Economia Política) *

1985. Review of book by Jorge Miglioli,Acumulação de Capital e Demanda Efetiva in which the author presents the Marxist view of effective demand. (Review in Revista de Economia Política)

1979. Political economy born with capitalism, administrative theory rose with monopolist capitalism and the growth of business firms. Economics discusses market coordination of economic systems, administration, power coordination of organizations.(Note: Revista de Administração de Empresas)

1975. The Harrod-Domar model of growth is consistent with factor substitubility provided that a coefficient of substitution of capital for labor is added. This formalization is done here.(Paper em Estudos Econômicos)

1975. A survey of Kaldor's growth and distribution model. (Paper em Revista Brasileira de Economia)

1974. The Solow-Meade model is the neoclassical alternative to the growth model the Keynesian, Harrod-Domar model. It is consistent with an economy permanently in market-equilibrium that the previous model rejected. (Short note for the students)

1974 [1991]. A survey of the theory of the decision to invest and a critique of the neoclassical emphasis on the interests or on the normal profits. Investments, as the classical economists knew, depend essentially on profit expectations substantially higher than the interst rate. Variations in the expected profit rate are more important in explaining capital accumulation than variations in the interest rate. It elaborates "A decisião de investir, os lucros e os juros". (Paper: Texto para Discussão FGV Economia)

1970. Adopting a classical perspective, this paper argues that variations in the expected profit rate and the corresponding shifts of the marginal efficiency of capital curve are more important in explaining investments than variations in the interest rate. I further developed this analysis in "Acumulação de capital, lucros e juros". (Paper: Texto para Discussão)