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Exploring the Mechanics of Chronic Inflation and Hyperinflation

Bag om Exploring the Mechanics of Chronic Inflation and Hyperinflation

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.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9783319445113
  • Indbinding:
  • Paperback
  • Sideantal:
  • 116
  • Udgivet:
  • 24. oktober 2016
  • Udgave:
  • 12017
  • Størrelse:
  • 155x235x7 mm.
  • Vægt:
  • 2058 g.
  • 8-11 hverdage.
  • 10. december 2024
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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.

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