Exploring the Mechanics of Chronic Inflation and Hyperinflation

Häftad, Engelska, 2016

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The previous hyperinflation models surveyed in this book attempt to explain hyperinflation as a bubble phenomenon because they assume a constant real deficit financed by money. The mechanics of hyperinflation models in this book explains hyperinflation by a fiscal crisis, characterized by an increasing fiscal deficit.

Produktinformation

Utgivningsdatum2016-10-24
Mått155 x 235 x undefined mm
FormatHäftad
SpråkEngelska
SerieSpringerBriefs in Economics
Antal sidor116
FörlagSpringer International Publishing AG
ISBN9783319445113

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Finansiering inom Ekonomi och ledarskap
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Preface.- I – Hyperinflation Theories: an Abridged Survey.- II – The Origins and Consequences of Inflation in Latin America.- III – Chronic Inflation and Hyperinflation.- IV – Inflation Tax and Money Essentiality.- V – Hyperinflation: Inflation Tax and Economic Policy Regime.- VI – Competitive Equilibrium Hyperinflation under Rational Expectations.- VII – Hyperinflation Pitfalls: Fundamentals versus Bubbles.- VIII – Bubble, Weak and Strong Hyperinflation: Theory and Empirical Evidence.- References.