The objective of this paper is to analyse the Argentine experience of large public sector deficits and high inflation, to elaborate the collection and dynamics of the inflation tax used to public financing and to identify the economic costs of this policy. Strong references are made to the...

Argentina's economic development over the last thirty years has been dominated by very high and variable inflation rates. There is widespread agreement that the financial sector is most seriously affected by persistent inflation. This was also true for Argentina. Due to interest rate ceilings...

Geld- und Finanzpolitik und finanzielle Repression in Argentinien Die wirtschaftliche Entwicklung in Argentinien in den vergangenen 15 Jahren ist durch ein sehr unstetiges Wachstum des realen Sozialprodukts und durch extrem hohe und schwankende Inflationsraten gekennzeichnet. Zu dieser...