Suriname : A Case Study of High Inflation /

Suriname recently went through a period of destabilizationthat that bordered on hyperinflation. The country's experience provides a good illustration to study the genesis and dynamics of high inflation and includes some unusual phenomena, such as a monetary overhang, an eight-tiered exchange ra...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Shah, Sukhdev
Beste egile batzuk: Braumann, Benedikt
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1999.
Saila:IMF Working Papers; Working Paper ; No. 1999/157
Sarrera elektronikoa:Full text available on IMF
Deskribapena
Gaia:Suriname recently went through a period of destabilizationthat that bordered on hyperinflation. The country's experience provides a good illustration to study the genesis and dynamics of high inflation and includes some unusual phenomena, such as a monetary overhang, an eight-tiered exchange rate, and inflationary gold purchases by the central bank. High inflation also had a significant impact on the real economy. This paper compares the experience of Suriname with other countries discussed in the recent stabilization literature. It finds strong evidence of intertemporal demand effects, which occurred as the public reacted to the temporary bout of high inflation.
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Deskribapen fisikoa:1 online resource (24 pages)
Formatua:Mode of access: Internet
ISSN:1018-5941
Sartu:Electronic access restricted to authorized BRAC University faculty, staff and students