Abstract
Juan Noyola is widely credited as an originator of the Latin American “structuralist” theory of inflation. His key contribution is a 1956 article comparing inflation in Mexico and Chile. However there is disagreement about the nature of this contribution, or even what “structuralist” means in this context. I argue that Noyola's innovation was grounding money and credit in a highly institutional political economy of class conflict. This grounding endogenized not only money, but also policymaking and the State.
Publisher
Cambridge University Press (CUP)
Subject
History and Philosophy of Science,General Economics, Econometrics and Finance,General Arts and Humanities
Reference85 articles.
1. Juan F. Noyola Vázquez, Hijo Fiel de la Escuela Nacional de Economía;Carmona;Investigación Econ´mica,1963
2. A Note on Capital Accumulation in Mexico: The Budget Deficit and Investment Finance
3. La inflación chilena: un enfoque heterodoxo;Sunkel;El Trimestre Económico,1958
Cited by
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