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...

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Автор: Shah, Sukhdev
Інші автори: Braumann, Benedikt
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1999.
Серія:IMF Working Papers; Working Paper ; No. 1999/157
Онлайн доступ:Full text available on IMF
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520 3 |a 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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700 1 |a Braumann, Benedikt. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1999/157 
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