Adam, Klaus; Evans, George W.; Honkapohja, Seppo - Center for Financial Studies - 2004
Earlier studies of the seigniorage inflation model have found that the high-inflation steady state is not stable under … on stationary hyperinflationary paths near the high-inflation steady state. The hyperinflationary paths are stable under …. Evans
2
and Seppo Honkapohja
3
March 17, 2003
Abstract:
Earlier studies of the seigniorage inflation model have …