Job title:
Ph.D. student focusing on macroeconomics and behavioral economics
Department:
2024 BB90 Recipient
Bio/CV:
Brazil had a period of hyperinflation that lasted over 10 years during the 1990s. The Brazilian government resolved this issue by implementing the Real Plan, which involved introducing the Unidade Real de Valor (URV), a reference currency. Vitor Weiss Jung will study how the URV was used in Brazil to end hyperinflation using modern frameworks.
Recent research has shown that inflation disproportionately affects low-income households in both developed and developing countries. Understanding this process is important for creating a monetary policy that effectively responds to rising inequality. Venance Riblier, Laura Waring, and Vitor Weiss Jung will study the long-term effects of the inflation gap on households using Nielsen scanner data.
Role:
