Lahiri, Ashok Kumar - In: IMF Staff Papers 38 (1991) 4, pp. 751-788
Yugoslav inflation unfolded as a classic wage-price-exchange rate spiral through the 1970s and 1980s, exploding into hyperinflation in the last quarter of 1989. Monetary accommodation of inflation, the behavior of demand for money, and the interaction between the two in Yugoslavia are examined....