Andrea Cabello

Mário Henrique Simonsen e a construção do conceito de inflação inercial

The paper analyzes the contributions of Mario Henrique Simonsen to the construction of the concept of inertial inflation and to its connected literature. Simonsens curve, in which the idea of inertial inflation was implicit, is analyzed, alongside with the feedback model (modelo de realimentacao) and its shown how Simonsen built a model which considered inflationary inertia, neutralization possibilities and possible problems and costs of stabilization, anticipating many of the issued that guided the debate in the 1980s.

Reaching a Broader Audience: Mário Henrique Simonsen's International Career

The paper discusses M´ario Henrique Simonsen (MHS)’s incursions in the International Economic Debate, which started as soon as he left the Brazilian Government in the early 1980s. It is argued that, although he searched for a larger audience for his papers, he focused on the most relevant areas of the Brazilian economic debate of the time, that is, external debt and inflation and its several layers: indexations, inflationary inertia, incomes policy and its social cost. Also, he wanted to influence policy, searching for concrete solutions for these problems both domestically and internationally.