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Monetary Regimes And Inflation

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Bernholz, Peter 作者
Edward Elgar Pub
譯者
出版日期
224 頁數
349.00元 價格
Pap
叢書系列
9781845427788 圖書編碼

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發表於2024-11-22

Monetary Regimes And Inflation 在線電子書 epub 下載 mobi 下載 pdf 下載 txt 下載 2024

Monetary Regimes And Inflation 在線電子書 epub 下載 pdf 下載 mobi 下載 txt 下載 2024

Monetary Regimes And Inflation 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024



Monetary Regimes And Inflation 在線電子書 用戶評價

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PS 645: Stabilization: Prices and Inflation

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PS 645: Stabilization: Prices and Inflation

評分

PS 645: Stabilization: Prices and Inflation

評分

PS 645: Stabilization: Prices and Inflation

評分

PS 645: Stabilization: Prices and Inflation

Monetary Regimes And Inflation 在線電子書 著者簡介


Monetary Regimes And Inflation 在線電子書 著者簡介


Monetary Regimes And Inflation 在線電子書 pdf 下載 txt下載 epub 下載 mobi 在線電子書下載

Monetary Regimes And Inflation 在線電子書 圖書描述

This book explores the characteristics of inflations, comparing historical cases from Roman times up to the modern day. High and moderate inflations caused by the inflationary bias of political systems and economic relationships - and the importance of different monetary regimes in containing them - are analysed. Peter Bernholz demonstrates that certain macroeconomic traits have been stable characteristics of inflations over the centuries, and illustrates their causes: the development of real stock of money, real exchange rate, real budget deficit and of currency substitution. He goes on to explain that metallic monetary regimes allow substantial inflations by debasement - 4th century Roman Empire experiencing the highest of them - but are dwarfed by the experience of hyperinflations. These occurred only under discretionary paper money regimes. To demonstrate this and their characteristics, all twenty-nine hyperinflations are studied. In contrast to the existing literature, the book also examines political conditions that allow a return to stable monetary regimes, given the inflationary tendencies of political systems. Finally, economic measures and institutional reforms to end high and moderate inflations are discussed

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