Monetary Stabilization
Controlled domain within this editorial series.
RESEARCH SERIES
Policy Experiments & Institutional Transitions
Deep case studies of implemented reforms, programs and institutional transitions, reconstructing design, incentives, sequencing, financing, implementation, outcomes, distributional effects, second-order consequences, durability and limits to transfer across contexts.
Analytical chain
problem → institutional design → incentives → implementation → financing → adaptation → outcomes → distribution → second-order effects → durability → transfer limits. Method →
Economic System Transitions
Controlled domain within this editorial series.
Social Policy & Human Capital
Controlled domain within this editorial series.
State Capacity & Governance
Controlled domain within this editorial series.
Industrial & Development Policy
Controlled domain within this editorial series.
Resource Revenue Governance
Controlled domain within this editorial series.
Labour, Housing & Social Insurance
Controlled domain within this editorial series.
Crisis Resolution & Financial Restructuring
Controlled domain within this editorial series.
Published research
Brazil's Real Plan: how the URV broke the coordination mechanism of inertial inflation
The 1994 stabilization separated the unit of account from the means of payment before launching the real, attacking backward-looking indexation while fiscal, monetary, credit and exchange-rate measures supported the transition.