Dr Eduardo Bastian

Small Group Project 2022-23

Are nowadays fears of inflation justified? Building an institutionalist analisis focused on the Eurozone and Brazilian situations.

With Jonathan Marie

The project aims to understand inflation dynamics by adopting an institutionalist and Post-Keynesian framework. Contrary to the standard explanations of inflation, this framework is more realistic because it assumes that money is endogenous and rejects the existence of a “natural” full-employment equilibrium of the economy. Therefore, in the framework that we adopt, inflation is the consequence of the distributive conflict and of institutional and conventional arrangements.

More information

Cohort

FG8

Biography

Eduardo Figueiredo Bastian is Associate Professor at the Instituto de Economia of the Universidade Federal do Rio de Janeiro (IE/UFRJ). He received his undergraduate degree in Economics from IE/UFRJ in 2002, followed by his master's degree in 2004 and his doctorate in 2008, both in Industrial and Technological Economics at the same institution, with a period as a visiting doctoral student at the Faculty of Economics, University of Cambridge. He subsequently held a visiting scholar position at the Institute of Latin American Studies at Columbia University. His research operates within a post-Keynesian and structuralist framework, with particular interests in inflation regimes and hyperinflation, the economics of full employment, contemporary economic history, and the political economies of Brazil, Latin America, and Europe. He has published in journals including the Cambridge Journal of Economics, the Journal of Post Keynesian Economics, and the Review of Political Economy, and has collaborated extensively with researchers in France and the United States.

Biographical details correct as of 19.04.26

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