High Inflation: The Arne Ryde Memorial Lectures

by Daniel Heymann, Axel Leijonhufvud

This book looks at very high inflations, exemplified by those suffered by Argentina, Bolivia, Brazil, Israel, Mexico, and Peru in the eighties and by the Soviet Union today. The authors argue that a better grasp of high inflation processes is necessary in order for countries intricated in it to design stabilization strategies. The extremes of monetary instability can also give a clearer picture of the purpose that money and financial institutions serve under more normal circumstances, thus deepening our understanding of the benefits of monetary stability. This study will be of interest to scholars of macroeconomics, economic theorists and applied economists.

Genres: Economics

246 pages, Hardcover

First published May 18, 1995

Reviews

[Marcos · Rating 5 out of 5]

A must read to understand inflation.
The book gives an in depth analysis of inflation, and specifically high inflation, starting by the traditional inflation literature and advancing into a more complete and rounded analysis.
Chapter 4, 5 and 6 are specially good and it communicates the reader the main aspects of inflation, it consequences and the specially important, stabilisation process.

[Kara Sıçan · Rating 5 out of 5]

Can't convey how good this book is. A must-read.