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The Demand for Money During High Inflation Episodes; Some Latin American Evidenceon the Cagan Model
Taylor, Mark P.; Phylaktis, Kate - International Monetary Fund (IMF) - 1991
This paper examines the demand for money under conditions of very high inflation in Argentina, Bolivia, Brazil, Chile and Peru during the 1970s and 1980s. We test whether the monetary and inflationary experiences of these countries can be adequately characterized by the Cagan (1956) model, using...
Persistent link: https://www.econbiz.de/10005768775
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The demand for money during high inflation episodes : some Latin American evidence on the Cagan model
Taylor, Mark P.; Phylaktis, Kate - 1991
Persistent link: https://www.econbiz.de/10000829853
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Money demand, the Cagan model and the inflation tax : some Latin American evidence
Phylaktis, Kate - In: The review of economics and statistics 75 (1993) 1, pp. 32-37
Persistent link: https://www.econbiz.de/10001142340
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The monetary dynamics of sustained high inflation : Taiwan, 1945 - 1949
Phylaktis, Kate - In: Southern economic journal 58 (1992) 3, pp. 610-622
Persistent link: https://www.econbiz.de/10001118475
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The Demand for Money During High Inflation Episodes : Some Latin American Evidenceon the Cagan Model
Taylor, Mark P. - 1991
This paper examines the demand for money under conditions of very high inflation in Argentina, Bolivia, Brazil, Chile and Peru during the 1970s and 1980s. We test whether the monetary and inflationary experiences of these countries can be adequately characterized by the Cagan (1956) model, using...
Persistent link: https://www.econbiz.de/10014398469
Cover Image
Money Demand, the Cagan Model and the Inflation Tax: Some Latin American Evidence
Phylaktis, Kate; Taylor, Mark P. - In: The review of economics and statistics 75 (1993) 1, pp. 32-37
Persistent link: https://www.econbiz.de/10006414100
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The demand for money during high inflation episodes : some Latin American evidence on the cagan model
Taylor, Mark P. - 1991
Persistent link: https://www.econbiz.de/10013424998