Language: English
Published by Independently published, 2018
ISBN 10: 1720172439 ISBN 13: 9781720172437
Seller: Revaluation Books, Exeter, United Kingdom
Paperback. Condition: Brand New. 37 pages. 9.00x6.00x0.10 inches. In Stock.
Language: English
Published by Our Knowledge Publishing, 2024
ISBN 10: 6208150760 ISBN 13: 9786208150761
Seller: Ria Christie Collections, Uxbridge, United Kingdom
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Language: English
Published by Our Knowledge Publishing, 2024
ISBN 10: 6207238656 ISBN 13: 9786207238651
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Seller: GreatBookPrices, Columbia, MD, U.S.A.
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Language: English
Published by Our Knowledge Publishing, 2021
ISBN 10: 6204009249 ISBN 13: 9786204009247
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Language: English
Published by Springer International Publishing AG, Cham, 2016
ISBN 10: 3319445111 ISBN 13: 9783319445113
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First Edition
Paperback. Condition: new. Paperback. This book presents a theoretical framework to explain chronic inflation and hyperinflation. The roots of these two phenomenon are a fiscal monetary regime in which money issues finance the public deficit. Chronic inflation is modeled by using both the old and the new Keynesian model, with a different policy rule. Instead of using the Taylor rule, the central bank policy rule states that money is issued to finance the public deficit. The chronic inflation models take into account the fact that indexation mechanisms adjust prices and wages, yielding the inertial component of inflation. The dynamics of these models can be very unstable under parameter changes or shocks that hit the economy. The previous hyperinflation models surveyed in this book attempt to explain hyperinflation as a bubble phenomenon because they assume a constant real deficit financed by money. The mechanics of hyperinflation models in this book explains hyperinflation by a fiscal crisis, characterized by an increasing fiscal deficit. This fiscal crisis yields an intertemporal budget constraint that is not sustainable. The analysis of the pathology of hyperinflation uses the same tools employed to understand the pathologies of public debt and external debt crises. The hyperinflation model allows a taxonomy of hyperinflations, namely bubble, weak and strong, that can be tested with the inflation tax revenue curve. The previous hyperinflation models surveyed in this book attempt to explain hyperinflation as a bubble phenomenon because they assume a constant real deficit financed by money. The mechanics of hyperinflation models in this book explains hyperinflation by a fiscal crisis, characterized by an increasing fiscal deficit. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.
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Language: English
Published by Our Knowledge Publishing, 2021
ISBN 10: 620396381X ISBN 13: 9786203963816
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Condition: Very Good. paperback 100% of proceeds go to charity! May have signs of use, wear and minor cosmetic defects.
Language: French
Published by Editions Notre Savoir, 2024
ISBN 10: 6208150787 ISBN 13: 9786208150785
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Paperback or Softback. Condition: New. Exploring the Mechanics of Chronic Inflation and Hyperinflation. Book.
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Language: English
Published by Our Knowledge Publishing, 2024
ISBN 10: 6207238656 ISBN 13: 9786207238651
Seller: moluna, Greven, Germany
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Language: English
Published by Our Knowledge Publishing, 2021
ISBN 10: 6204009249 ISBN 13: 9786204009247
Seller: moluna, Greven, Germany
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Seller: Ria Christie Collections, Uxbridge, United Kingdom
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Condition: New. 1st ed. 2020 edition NO-PA16APR2015-KAP.
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Add to basketCondition: New. In English.
Seller: Revaluation Books, Exeter, United Kingdom
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Add to basketPaperback. Condition: Brand New. 128 pages. 9.25x6.25x0.50 inches. In Stock.
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Language: Spanish
Published by Ediciones Nuestro Conocimiento, 2021
ISBN 10: 6204009257 ISBN 13: 9786204009254
Seller: moluna, Greven, Germany
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Language: Spanish
Published by Ediciones Nuestro Conocimiento, 2021
ISBN 10: 6203963828 ISBN 13: 9786203963823
Seller: moluna, Greven, Germany
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Seller: Chiron Media, Wallingford, United Kingdom
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Add to basketHardcover. Condition: Brand New. 480 pages. 9.25x6.10x1.06 inches. In Stock.