The Resource Modern hyper- and high inflations, Stanley Fischer, Ratna Sahay and Carlos Végh
Modern hyper- and high inflations, Stanley Fischer, Ratna Sahay and Carlos Végh
Resource Information
The item Modern hyper- and high inflations, Stanley Fischer, Ratna Sahay and Carlos Végh represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.This item is available to borrow from 1 library branch.
Resource Information
The item Modern hyper- and high inflations, Stanley Fischer, Ratna Sahay and Carlos Végh represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.
This item is available to borrow from 1 library branch.
- Summary
- Since 1947, hyperinflations (by Cagan's definition) in market economies have been rare. Much more common have been longer inflationary processes with inflation rates above 100 percent per annum. Based on a sample of 133 countries, and using the 100 percent threshold as the basis for a definition of very high inflation episodes, this paper examines the main characteristics of such inflations. Among other things, we find that (i) close to 20 percent of countries have experienced inflation above 100 percent per annum; (ii) higher inflation tends to be more unstable; (iii) in high-inflation countries, the relationship between the fiscal balance and seigniorage is strong both in the short and longrun's; (iv) inflation inertia decreases as average inflation rises; (v) high-inflation is associated with poor macroeconomic performance; and (vi) stabilizations from high inflation that rely on the exchange rate as the nominal anchor are expansionary
- Language
- eng
- Extent
- 1 online resource (65 pages)
- Isbn
- 9781451905380
- Label
- Modern hyper- and high inflations
- Title
- Modern hyper- and high inflations
- Statement of responsibility
- Stanley Fischer, Ratna Sahay and Carlos Végh
- Language
- eng
- Summary
- Since 1947, hyperinflations (by Cagan's definition) in market economies have been rare. Much more common have been longer inflationary processes with inflation rates above 100 percent per annum. Based on a sample of 133 countries, and using the 100 percent threshold as the basis for a definition of very high inflation episodes, this paper examines the main characteristics of such inflations. Among other things, we find that (i) close to 20 percent of countries have experienced inflation above 100 percent per annum; (ii) higher inflation tends to be more unstable; (iii) in high-inflation countries, the relationship between the fiscal balance and seigniorage is strong both in the short and longrun's; (iv) inflation inertia decreases as average inflation rises; (v) high-inflation is associated with poor macroeconomic performance; and (vi) stabilizations from high inflation that rely on the exchange rate as the nominal anchor are expansionary
- Action
- digitized
- Cataloging source
- OCLCE
- http://bibfra.me/vocab/lite/collectionName
- IMF eLibrary
- http://library.link/vocab/creatorName
- Fischer, Stanley
- Illustrations
- illustrations
- Index
- no index present
- Language note
- English
- LC call number
- HG3881.5.I58
- LC item number
- W67 no.02/197 ONLINE
- Literary form
- non fiction
- Nature of contents
-
- dictionaries
- bibliography
- http://library.link/vocab/relatedWorkOrContributorDate
- 1958-
- http://library.link/vocab/relatedWorkOrContributorName
-
- Sahay, Ratna
- Végh Gramont, Carlos A.
- International Monetary Fund
- Series statement
- IMF Working Paper,
- Series volume
- WP/02/197
- http://library.link/vocab/subjectName
-
- Economic development
- Economic stabilization
- Foreign exchange rates
- Budget deficits
- Inflation (Finance)
- Budget deficits
- Economic development
- Economic stabilization
- Foreign exchange rates
- Inflation (Finance)
- Label
- Modern hyper- and high inflations, Stanley Fischer, Ratna Sahay and Carlos Végh
- Antecedent source
- file reproduced from original
- Bibliography note
- Includes bibliographical references (pages 57-65)
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- black and white
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Control code
- 648557650
- Dimensions
- unknown
- Extent
- 1 online resource (65 pages)
- Form of item
- online
- Isbn
- 9781451905380
- Level of compression
-
- lossless
- lossy
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
- 10.5089/9781451905380.001
- Other physical details
- illustrations
- Reformatting quality
-
- preservation
- access
- Reproduction note
- Electronic reproduction.
- Specific material designation
- remote
- System control number
- (OCoLC)648557650
- System details
- Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
- Label
- Modern hyper- and high inflations, Stanley Fischer, Ratna Sahay and Carlos Végh
- Antecedent source
- file reproduced from original
- Bibliography note
- Includes bibliographical references (pages 57-65)
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- black and white
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Control code
- 648557650
- Dimensions
- unknown
- Extent
- 1 online resource (65 pages)
- Form of item
- online
- Isbn
- 9781451905380
- Level of compression
-
- lossless
- lossy
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
- 10.5089/9781451905380.001
- Other physical details
- illustrations
- Reformatting quality
-
- preservation
- access
- Reproduction note
- Electronic reproduction.
- Specific material designation
- remote
- System control number
- (OCoLC)648557650
- System details
- Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sandiego.edu/portal/Modern-hyper--and-high-inflations-Stanley/MiTo6i41pKc/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sandiego.edu/portal/Modern-hyper--and-high-inflations-Stanley/MiTo6i41pKc/">Modern hyper- and high inflations, Stanley Fischer, Ratna Sahay and Carlos Végh</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sandiego.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sandiego.edu/">University of San Diego Libraries</a></span></span></span></span></div>
