Secondary currencies and high inflation: implications for monetary theory and policy
Gespeichert in:
Beteilige Person: | |
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Format: | Buch |
Sprache: | Nichtbestimmte Sprache |
Veröffentlicht: |
London
1992
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Schriftenreihe: | Discussion paper / Centre for Economic Performance, The London School of Economics and Political Science
58 |
Links: | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=021692745&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
Umfang: | 34 S. |
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adam_text | SECONDARY CURRENCIES AND HIGH INFLATION:
IMPLICATIONS FOR MONETARY THEORY AND POLICY
P.Auerbach, G.Davison and J.Rostowski
Page
Introduction 1
1 Responses to High Inflation in the
Absence of Secondary Currencies 5
2 Benefits from Permitting Currency
Substitution during High Inflation 11
3 Secondary Currencies and the Question
of credibility 19
4 Secondary Currencies and Stabilisation 24
Conclusions 28
Endnotes 29
Figure 31
References 32
* Paul Auerbach and Geoffrey Davison are at Kingston
Polytechnic; Jacek Rostowski is at the School of Slavonic and
East European Studies, University of London. The Centre for
Economic Performance is financed by the Economic and Social
Research Council.
|
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series2 | Discussion paper / Centre for Economic Performance, The London School of Economics and Political Science |
spellingShingle | Auerbach, Paul Secondary currencies and high inflation implications for monetary theory and policy |
title | Secondary currencies and high inflation implications for monetary theory and policy |
title_auth | Secondary currencies and high inflation implications for monetary theory and policy |
title_exact_search | Secondary currencies and high inflation implications for monetary theory and policy |
title_full | Secondary currencies and high inflation implications for monetary theory and policy P. Auerbach ; G. Davison ; J. Rostowski |
title_fullStr | Secondary currencies and high inflation implications for monetary theory and policy P. Auerbach ; G. Davison ; J. Rostowski |
title_full_unstemmed | Secondary currencies and high inflation implications for monetary theory and policy P. Auerbach ; G. Davison ; J. Rostowski |
title_short | Secondary currencies and high inflation |
title_sort | secondary currencies and high inflation implications for monetary theory and policy |
title_sub | implications for monetary theory and policy |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=021692745&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
volume_link | (DE-604)BV009711083 |
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