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Published in 2020 at "Review of Economic Dynamics"
DOI: 10.1016/j.red.2020.08.004
Abstract: This paper revisits the debate on ruling out speculative hyperinflations in monetary models. Although apparently a narrow issue, studying these extreme economies turns out to be quite illuminating in understanding the fundamentals of price level…
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Keywords:
hyperinflations monetary;
revisiting speculative;
show;
monetary models ... See more keywords