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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...
Autores principales: | Obstfeld, Maurice, Rogoff, Kenneth |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier Inc.
2021
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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 |
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