's hyperinflation and three high-inflation countries. Towards the peak of Weimar's hyperinflation the costs are estimated to have been … equal to nearly 20 per cent of income. For Israel, Mexico, and Argentina the costs had been materially lower, but still in …We explore the welfare costs of inflation originating from lack of liquidity satiation for Weimar Republic …

This paper examines the long-run validity of purchasing power parity (PPP) for four high-inflation countries. The …, during the recent floating exchange rate period, PPP holds well, at least in a weak form, in high-inflation countries where …