Zaïre's Hyperinflation, 1990-96

Zaïre's Hyperinflation, 1990-96
This paper reviews Zaïre's experience with hyperinflation during 1990-96 and develops an illustrative model based on a money demand function that includes government revenue as a determinant. Government revenue is itself subject to the "Tanzi effect," in which inflation tends to lower revenue collections. The model is estimated over the 1990-96... READ MORE...

Publication date: April 1997
ISBN 9781451846935
$15.00

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