The impact of inflation on family money income distribution in Venezuela during the 1980s

• Main Author: Manrique, Luis.
• Other Authors: Terasawa, Katsuaki L.
• Language: en_US
• Published: Monterey, California. Naval Postgraduate School 2012
• Online Access: http://hdl.handle.net/10945/7511

This thesis addresses the effects of government regulated inflationary controls and measures on family income distributions in Venezuela during the 1980s. The Venezuelan government has instituted many methods of economic intervention during the last decade through exchange rate controls, price controls, tariffs, subsidies, etc., which have had real effects on family income distribution. The effects of these policies on unemployment, nominal wages and salaries, and price variabilities are researched and recommendations are presented. An overview of the current Venezuelan economic condition, beset with problems of past inflationary controls and measures, is assessed and presented. The Venezuelan economy, mainly supported by oil revenues, has potential for a more equitable distribution of family income, given properly controlled fiscal policy and the willingness of the government to decrease anti-competitive economic laws.