A Fiscal Theory of Hyperdeflations? Some Surprising Monetarist Arithmetic
收藏数据链接：
官方服务：
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
