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Modern Hyper- And High Inflations

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Originally published 2002
Authors Stanley Fischer
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Date of Upd.
ID2385333
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About Modern Hyper- And High Inflations


Since 1947, hyperinflations (by Cagan's definition) in market economies have been rare. Much more common have been longer inflationary processes with inflation rates above 100 percent per annum. . . .

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