Exploring the Mechanics of Chronic Inflation and Hyperinflation

• Main Author: Barbosa, Fernando de Holanda (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2017.
• Series: SpringerBriefs in Economics,
• Subjects: Tax accounting.; Tax laws.; Finance, Public.; Macroeconomics.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Public Finance.; Business Taxation/Tax Law.

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 differen...

Table of Contents:

• Preface
• I – Hyperinflation Theories: an Abridged Survey
• II – The Origins and Consequences of Inflation in Latin America
• III – Chronic Inflation and Hyperinflation
• IV – Inflation Tax and Money Essentiality
• V – Hyperinflation: Inflation Tax and Economic Policy Regime
• VI – Competitive Equilibrium Hyperinflation under Rational Expectations
• VII – Hyperinflation Pitfalls: Fundamentals versus Bubbles
• VIII – Bubble, Weak and Strong Hyperinflation: Theory and Empirical Evidence
• References.