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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Bibliographic Details
Main Author: Osband, Kent
Other Authors: Lin, Shoukang
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1992.
Series:IMF Working Papers; Working Paper ; No. 1992/024
Online Access:Full text available on IMF