The Resource Modern hyper- and high inflations, Stanley Fischer, Ratna Sahay and Carlos Végh

Modern hyper- and high inflations, Stanley Fischer, Ratna Sahay and Carlos Végh

Label
Modern hyper- and high inflations
Title
Modern hyper- and high inflations
Statement of responsibility
Stanley Fischer, Ratna Sahay and Carlos Végh
Creator
Contributor
Subject
Language
eng
Summary
Since 1947, hyperinflations (by Cagan's definition) in market economies have been rare. Much more common have been longer inflationary processes with inflation rates above 100 percent per annum. Based on a sample of 133 countries, and using the 100 percent threshold as the basis for a definition of very high inflation episodes, this paper examines the main characteristics of such inflations. Among other things, we find that (i) close to 20 percent of countries have experienced inflation above 100 percent per annum; (ii) higher inflation tends to be more unstable; (iii) in high-inflation countries, the relationship between the fiscal balance and seigniorage is strong both in the short and longrun's; (iv) inflation inertia decreases as average inflation rises; (v) high-inflation is associated with poor macroeconomic performance; and (vi) stabilizations from high inflation that rely on the exchange rate as the nominal anchor are expansionary
Member of
Action
digitized
Cataloging source
OCLCE
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 no.02/197
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/02/197
Label
Modern hyper- and high inflations, Stanley Fischer, Ratna Sahay and Carlos Végh
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 57-65)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn648557650
Dimensions
unknown
Extent
1 online resource (65 pages)
File format
one file format
Form of item
online
Isbn
9781451905380
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/recordID
.b37172505
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)648557650
  • imf1451905386
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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