This book describes the complex of economic processes which sustains inflationary pressure in nations with severe inflation problems. Paul Beckerman uses an innovative approach to study the strategies inhabitants of economies with lengthy inflation experience use to maintain their purchasing power despite inflation. He examines how these tactics function as 'feedback mechanisms', economic processes by which inflation in any given time period generates inflationary pressure in subsequent periods, and how they complicate the efforts of policy-makers to achieve stabilization.

Keywords

Bibliographic Information

Book Title: The Economics of High Inflation
Authors: Paul Beckerman
DOI: https://doi.org/10.1007/978-1-349-21713-7
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Hardcover ISBN: 978-0-333-56380-9Published: 13 November 1991
Softcover ISBN: 978-1-349-21715-1Published: 01 January 1992
eBook ISBN: 978-1-349-21713-7Published: 13 November 1991
Edition Number: 1
Number of Pages: VIII, 228
Topics: Macroeconomics/Monetary Economics//Financial Economics, International Political Economy, Public Finance

Publish with us

Policies and ethics

Authors:

Sections

Buy it now

Buying options

Other ways to access

Table of contents (10 chapters)

Front Matter

Back Matter

About this book