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...