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 | | High Inflation: The Arne Ryde Memorial Lectures by Daniel Heymann, Axel Leijonhufvud ISBN-10: 9780198288442 ISBN-10: 0-19-828844-1 ISBN-13: 9780198288442 ISBN-13: 978-0-19-828844-2 Hardcover 1995-05-18 Oxford University Press, USA Find Lowest Price |
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Product Description This book looks at very high inflations, exemplified by those suffered by Argentina, Bolivia, Brazil, Israel, Mexico, and Peru in the eighties and by the Soviet Union today. The authors argue that a better grasp of high inflation processes is necessary in order for countries intricated in it to design stabilization strategies. The extremes of monetary instability can also give a clearer picture of the purpose that money and financial institutions serve under more normal circumstances, thus deepening our understanding of the benefits of monetary stability. This study will be of interest to scholars of macroeconomics, economic theorists and applied economists. | ||