Exploring the mechanics of chronic inflation and hyperinflation
Auteur :
Barbosa, Fernando de Holanda
Éditeur :
Springer International Publishing AG
ISBN :
9783319445113
Date de publication :
24 oct. 2016
Dimensions :
23,5 x 15,5 cm
Langue :
Anglais
Pays d'origine :
Suisse
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.