dc.creator |
Nielsen, Bent |
|
dc.date |
2008 |
|
dc.date.accessioned |
2013-10-16T06:57:42Z |
|
dc.date.available |
2013-10-16T06:57:42Z |
|
dc.date.issued |
2013-10-16 |
|
dc.identifier |
http://hdl.handle.net/10419/17981 |
|
dc.identifier |
ppn:560706871 |
|
dc.identifier |
RePEc:zbw:ifwedp:7210 |
|
dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/17981 |
|
dc.description |
Empirical analyses of Cagan?s money demand schedule for hyper-inflation have largely ignored the explosive nature of hyper-inflationary data. It is argued that this contributes to an (i) inability to model the data to the end of the hyper-inflation, and to (ii) discrepancies between ?estimated? and ?actual? inflation tax. A simple solution to these issues is found by replacing the conventional measure of inflation by the cost of holding money. |
|
dc.language |
eng |
|
dc.publisher |
Kiel Institute for the World Economy (IfW) Kiel |
|
dc.relation |
Economics Discussion Papers / Institut für Weltwirtschaft 2008-9 |
|
dc.rights |
http://creativecommons.org/licenses/by-nc/2.0/de/deed.en |
|
dc.subject |
E41 |
|
dc.subject |
C32 |
|
dc.subject |
ddc:330 |
|
dc.subject |
Cost of holding money |
|
dc.subject |
co-explosiveness |
|
dc.subject |
co-integration |
|
dc.subject |
explosive processes |
|
dc.subject |
hyper-inflation |
|
dc.subject |
Hyperinflation |
|
dc.subject |
Preisstatistik |
|
dc.subject |
Inflationssteuer |
|
dc.subject |
Geldnachfrage |
|
dc.subject |
Kosten |
|
dc.subject |
Schätzung |
|
dc.subject |
Theorie |
|
dc.subject |
Jugoslawien - Nachfolgestaaten |
|
dc.title |
On the Explosive Nature of Hyper-Inflation Data |
|
dc.type |
doc-type:workingPaper |
|
dc.coverage |
1991-1994 |
|