Inflation persists at moderate rates (15-30 percent) in all the countries that successfully reduced triple-digit inflation in the 1980s. Several other countries--for example, Colombia--have experienced moderate inflation for prolonged periods. The authors introduce types of theories of persistent inflation. Theories emphasizing seigniorage as a source of government finance and those emphasizing the costs of ending inflation were detailed. They examine...
انظر المزيد
تفاصيل
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1991/11/30
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ورقة عمل خاصة ببحوث السياسات
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WPS807
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1
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1
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2010/7/01
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Disclosed
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Moderate inflation
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aggregate demand
تنزيل الملفات
تقرير كامل
نسخة رسمية من الوثيقة (قد تضم توقيعات، الخ)
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