Adjustment and Growth in a Hyperinflation: The Case of Bolivia …

inflation, for the case of Bolivia. The text describes the situation of the country analysed in terms of monetary policy after … one of the worst cases of hyperinflation ever; empirical evidence is presented through two independent estimations, one … relation between money growth and inflation in Bolivia using data for the years 1998 to 2010. Evidence confirms the impact of …

This research examines the success of stabilization policies to control hyperinflation in Bolivia. Money demand … functions for the hyperinflation and stabilization periods were econometrically estimated and statistically tested. We conclude … that the demand for money in Bolivia changed after stabilization policies were implemented, indicating that the new …