𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Inflation and productive activity in a multiple-matching model of money

✍ Scribed by Derek Laing; Victor E. Li; Ping Wang


Book ID
113725793
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
181 KB
Volume
54
Category
Article
ISSN
0304-3932

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


Money and inflation in a nonlinear model
✍ Donald A.R. George; Les Oxley πŸ“‚ Article πŸ“… 2008 πŸ› Elsevier Science 🌐 English βš– 503 KB

A nonlinear model of inflation and growth, with a fixed rate of money growth, is developed and its global dynamics analysed. These are compared with the local, linearised dynamics of the model. It is shown that the global dynamics of the model plausibly predict hyperinflationary bubbles, which are n