THE PHENOMENON OF HYPERINFLATION

Imad A Moosa
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Imad A Moosa: Royal Melbourne Institute of Technology, Australia

Chapter 6 in Quantitative Easing as a Highway to Hyperinflation, 2013, pp 121-163 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:What is Hyperinflation?Hyperinflation as an Extension of Moderate InflationThe Measurement of HyperinflationThe Syndrome of HyperinflationThe Hyperinflationary Process and Feedback EffectsHyperinflation and the Death of a Fiat CurrencyThe Monetary, Confidence and Fiscal Models of HyperinflationThe Role of ExpectationsOther Approaches to HyperinflationThe Behavior of Exchange Rates under HyperinflationThe basic modelThe role of expectationsCurrency substitutionThe Empirical EvidenceThe Consequences of HyperinflationDealing with Hyperinflation: Business IssuesDealing with Hyperinflation: Macroeconomic IssuesCold turkey versus gradualismCurrency boardsDollarizationConcluding Remarks

Keywords: Hyperinflation; Quantitative Easing; Monetary Theory; Financial Crisis (search for similar items in EconPapers)
Date: 2013
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