A Fiscal Theory of Hyperdeflations? Some Surprising Monetarist Arithmetic
收藏NBER1985-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/t0052
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资源简介：
The note mines an unsuspected lode in the Sargent-Wallace "Unpleasant Monetarist Arithmetic" deposit. While that model is shown to be incapable of generating hyperinflations as a result of large monetized public sector deficits, it can generate hyperdeflations or perhaps more accurately, the first
提供机构：
美国国家经济研究局
创建时间：
1985-11-01
