La inflación: cuatro enfoques al debate

Abstract

From half-full of the 60 is appraised an important study of the phenomenon of the inflation in the industrialized economies, process that later extends to numerous countries developing. This process takes place in an intellectual context where the influence of ideas like “the hypothesis of the natural rate” is appraised, the importance of the “rational expectations” and the “neutrality of long term” of the monetary policy. In this perspective, it turns out tempting to suppose that the fall experienced by the inflation in the world has been the result of a genuine progress in the knowledge acquired by Economic Science. The objective of this work is the one to review the main macroeconomic theories and their incidence in the explanation of the inflationary phenomenon, work that reunites the exhibitions of some authors and hopes to generate a debate from the academy of this economic phenomenon.