Great Inflations of the 20th Century: Theories, Policies, and Evidence
Pierre L. Siklos
'. . . the book contains an interesting collection of articles. . .'
- Jan Kakes, De Economist 'In short Pierre Siklos has put together a book that is informative, thought provoking, and fun to read.' - Bruce D. Smith, Journal |
Contents
Their Origins Development and Termination
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3 |
An Analytical Overview
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35 |
Conditions Conducive to High Inflation
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95 |
3 Currency Competition Inflation Greshams Law and Exchange Rate
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97 |
Deliberate Policy or Miscalculation?
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125 |
Empirical Studies of the MoneyPrices Nexus
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183 |
PostWorld War I Germany
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185 |
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Common terms and phrases
advanced inflations Argentina August behaviour Bernholz Bolivia Brazil budget deficit capital cent central bank chronic inflation column consumption countries credibility Cukierman decrease demand for money devaluation rate discount domestic Dornbusch Economic Review equation estimates evidence expected inflation figures fiscal German hyperinflation gold government debt Gresham's Law high inflation Hungarian Hyperinflation Hungary hyperinflationary implies increase inflation rate inflation tax inflationary expectations International Financial Statistics International Monetary Fund Israel lags Makinen monetary expansion money and prices money demand money growth money supply month monthly nominal interest rate Note paper money period policymakers price level price stability programme rate of devaluation rate of inflation rate of monetary rational expectations real balances real exchange rate real interest rates real money balances real stock real wage Reichsbank reparations result Sargent sector seigniorage Siklos stock of money Stopping Hyperinflations Table Tablita traded unemployment variables Végh