3 Lessons from Hyperinflationary Periods

Mark Bergen, Thomas Bergen, Daniel Levy () and Rose Semenov
Additional contact information
Mark Bergen: University of Minnesota
Thomas Bergen: University of Minnesota
Rose Semenov: University of Minnesota

Papers from arXiv.org

Abstract: Inflation is painful, for firms, customers, employees, and society. But careful study of periods of hyperinflation point to ways that firms can adapt. In particular, companies need to think about how to change prices regularly and cheaply, because constant price changes can ultimately be very, very expensive. And they should consider how to communicate those price changes to customers. Providing clarity and predictability can increase consumer trust and help firms in the long run.

Date: 2022-12
New Economics Papers: this item is included in nep-mon
References: View complete reference list from CitEc
Citations:

Published in Harvard Business Review, 2022 (Forthcoming)

Downloads: (external link)
http://arxiv.org/pdf/2212.00640 Latest version (application/pdf)

Related works:
Journal Article: 3 Lessons from Hyperinflationary Periods (2022)
Working Paper: 3 Lessons from Hyperinflationary Periods (2022)
Working Paper: 3 Lessons from Hyperinflationary Periods (2022)
Working Paper: 3 Lessons from hyperinflationary periods (2022)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2212.00640

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().