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Uncertainty and Hyperinflation: European Inflation Dynamics after World War I

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NBER2018-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w24624
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资源简介:
Fiscal deficits, elevated debt-to-GDP ratios, and high inflation rates suggest hyperinflation could have potentially emerged in many European countries after World War I. We demonstrate that economic policy uncertainty was instrumental in pushing a subset of European countries into hyperinflation
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2018-05-01
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