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Exploring the Mechanics of Chronic Inflation and Hyperinflation
part of the SpringerBriefs in Economics series
- Binding:
- Paperback
- Pages:
- 116
- Published:
- October 23, 2016
- Edition:
- 12017
- Dimensions:
- 155x235x7 mm.
- Weight:
- 2058 g.
Delivery:
1-2 weeks
Expected delivery: January 4, 2025
Extended return policy to January 30, 2025
Description of 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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