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Runaway Inflation in Chile, 1970-1973

Sebastián Edwards

Economic Studies / Estudios de Economia2024https://doi.org/10.4067/s0718-52862024000200383article
ABDC C
Weight
0.30

What the paper says

In this essay, I argue that the explosion of inflation during the Salvador Allende administration in Chile (above 1,500% on a six-month annualized measure) was predictable.The government's use of massive and strict price controls generated acute macroeconomic imbalances.I postulate that the combination of runaway inflation, shortages, and black markets generated major hostility among the middle class and that that unhappiness reduced the support for the Unidad Popular government.

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Cite this paper

https://doi.org/https://doi.org/10.4067/s0718-52862024000200383

Or copy a formatted citation

@article{sebastián2024,
  title        = {{Runaway Inflation in Chile, 1970-1973}},
  author       = {Sebastián Edwards},
  journal      = {Economic Studies / Estudios de Economia},
  year         = {2024},
  doi          = {https://doi.org/https://doi.org/10.4067/s0718-52862024000200383},
}

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Runaway Inflation in Chile, 1970-1973

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Evidence weight

0.30

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.00 × 0.4 = 0.00
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.