Hyperinflation: Their Origins, Development And Termination
AbstractThis paper summarizes and critically surveys research on hyperinflation. Appraisal and review of the literature considers the origins, development, termination, and the lessons to be learned from hyperinflations. The historical evidence as well as the econometric evidence is analyzed. It is concluded that while the lessons to be learned from such episodes perhaps have been overstated a number of useful implications may be derived from studying hyperinflations, such as an understanding of the forces which link monetary and fiscal policies to inflation, and policy makers' role in influencing individuals' expectations. Copyright 1990 by Blackwell Publishers Ltd
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Bibliographic InfoPaper provided by Wilfrid Laurier University, Department of Economics in its series Working Papers with number 90135.
Length: 41 pages
Date of creation: 1990
Date of revision:
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inflation ; economic analysis ; monetary policy ; fiscal policy;
Other versions of this item:
- Siklos, Pierre L, 1990. " Hyperinflations: Their Origins, Development and Termination," Journal of Economic Surveys, Wiley Blackwell, vol. 4(3), pages 225-48.
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- Siklos, P.L., 1989.
"The Transition From Hyperinflation To Price Stability: Further Evidence,"
89131, Wilfrid Laurier University, Department of Economics.
- Pierre L. Siklos, 1990. "The Transition from Hyperinflation to Price Stability: Further Evidence," Eastern Economic Journal, Eastern Economic Association, vol. 16(1), pages 65-69, Jan-Mar.
- Jan Winiecki, 1993. "Knowledge of Soviet-type economy and “heterodox” stabilization-based outcomes in Eastern Europe," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 129(2), pages 384-410, June.
- Burdekin, Richard C. K. & Burkett, Paul, 1996. "Hyperinflation, the exchange rate and endogenous money: post-World War I Germany revisited," Journal of International Money and Finance, Elsevier, vol. 15(4), pages 599-621, August.
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