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Revisiting speculative hyperinflations in monetary models()

This paper revisits the debate on ruling out speculative hyperinflations in monetary models. Although apparently a narrow issue, studying these extreme economies turns out to be quite illuminating in understanding the fundamentals of price level determination. It is also relevant in evaluating the b...

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Detalles Bibliográficos
Autores principales: Obstfeld, Maurice, Rogoff, Kenneth
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7462661/
https://www.ncbi.nlm.nih.gov/pubmed/32905039
http://dx.doi.org/10.1016/j.red.2020.08.004