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The monetary dynamics in the Yugoslav hyperinflation of 1991–1993: The Cagan money demand

✍ Scribed by Pavle Petrović; Zorica Vujošević

Book ID
114179330
Publisher
Elsevier Science
Year
1996
Tongue
English
Weight
912 KB
Volume
12
Category
Article
ISSN
0176-2680

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## Abstract This paper emerges from the failure of the traditional models of hyperinflation with perfect foresight. Insights from two standard optimizing monetary settings and economic reasoning from case studies of extreme hyperinflation episodes provide relevant requirements for the specificatio