El Catálogo Colectivo reúne los registros del material que posee cada una de las
bibliotecas de la Universidad Nacional de Córdoba, pudiendo encontrarse colecciones
especializadas y actualizadas en todas las áreas del conocimiento; lo que permite una
amplia visibilidad y garantiza el acceso al patrimonio documental de la Universidad.
Se encuentra disponible para toda la comunidad académica: estudiantes, docentes,
egresados e investigadores.
Si formas parte de la comunidad de la UNC también podés solicitar préstamos de material,
a cualquier biblioteca universitaria, utilizando el servicio de préstamo interbibliotecario,
independientemente de la facultad a la que pertenezcas, la carrera que curses o la cátedra
que dictes.
Inflation persists at moderate rates of 15-30 percent in all the countries that successfully reduced triple digit inflations in the 1980s. Several other countries, for example Colombia, have experienced moderate inflation for prolonged periods. In this paper we first set out theories of persistent i...
|0 0
|1 0
|4 0
|6 F_332_410200000000000_D_14612_
|7 0
|9 3221
|a BMB
|b BMB
|d 2010-01-01
|l 0
|o F 332.4102 D 14612 F
|p 14612 F
|r 2010-08-26 00:00:00
|u 2589
|w 2010-08-26
|y DOCU
999
|c 3209
|d 3209
040
|a arcduce
|c arcduce
082
0
|a 332.4102
100
1
|a Dornbusch, Rudiger,
|9 404
|d 1942-2002
245
1
0
|a Moderate inflation /
|c Rudiger Dornbusch, Stanley Fischer.
260
|a Cambridge, Mass. :
|b National Bureau of Economic Research,
|c 1991
300
|a 70 p.
490
0
|a Working paper series ;
|v n. 3896
504
|a Incluye bibliografía
520
3
|a Inflation persists at moderate rates of 15-30 percent in all the countries that successfully reduced triple digit inflations in the 1980s. Several other countries, for example Colombia, have experienced moderate inflation for prolonged periods. In this paper we first set out theories of persistent inflation, which can be classified into those emphasizing seigniorage as a source of government finance and those that emphasize the costs of ending inflation. We then examine the sources and persistence of moderate inflation episodes. Most were triggered by commodity price shocks; they were brief; and very few ended in higher inflation. We then present case studies of eight countries, including three that now suffer from moderate inflation, and four that successfully moved down to single digit inflation rates. We examine the roles of seigniorage, indexation and disindexation, the exchange rate commitment, and monetary and fiscal policy. The evidence suggests that seigniorage plays at most a modest role in the persistence of moderate inflations, and that such inflations can be reduced only at a substantial short-term cost to growth.