Detail The German Hyperinflation and The Demand for Money Revisited   Oleh:  Michael, P. ; Peel, D. A. ; Nobay, A. R. Jenis: Article from Bulletin/Magazine Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 35 no. 1 (1994), page 1-22. Topik: hyperinflation; hyper inflation; demand money revisited Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: II49.4 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel This paper shows that a remarkably well -defined demand for real balances exists for the German hyperinflation episode, including the final months which have previously been considered as outliers. Our econometric analysis exploits the theory of cointegration, given the obvious non stationarity of the data. Further, we consider two likely sources of misspecification : income variability, and the necessity to distinguish between the high inflation and hyperinflation episodes. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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