Can the Release of a Monetary Overhang Trigger Hyperinflation? /
It is widely feared that, once prices are decontrolled in the formerly centrally-planned economies, households' release of previously accumulated money will trigger a hyperinflation. This paper finds, instead, that whether a country's fiscal, monetary, and labor market policies are destabi...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1992.
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| Series: | IMF Working Papers; Working Paper ;
No. 1992/024 |
| Online Access: | Full text available on IMF |