Modern Hyper- and High Inflations

Modern Hyper- and High Inflations
Since 1947, hyperinflations (by Cagan's definition) in market economies have been rare. Much more common have been longer inflationary processes with inflation rates above 100 percent per annum. Based on a sample of 133 countries, and using the 100 percent threshold as the basis for a definition of very high inflation episodes, this paper... READ MORE...

Publication date: November 2002
ISBN 9781451860023
$15.00

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