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OverviewHe also examines the consequences of high inflations for unemployment, the distortions between relative prices and the political conditions that allow a return to stable monetary regimes after high inflations, given the inflationary tendencies of political systems. Full Product DetailsAuthor: Peter BernholzPublisher: Edward Elgar Publishing Ltd Imprint: Edward Elgar Publishing Ltd Edition: 2nd edition ISBN: 9781784717629ISBN 10: 1784717622 Pages: 240 Publication Date: 24 April 2015 Audience: College/higher education , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: To order Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us. Table of ContentsContents: Preface 1. Introduction 2. Inflation and Monetary Regimes 3. Inflation under Metallic Monetary Regimes 4. Moderate Paper Money Inflations 5. Characteristics of Hyperinflations 6. Currency Competition, Inflation, Gresham's Law and Exchange Rate 7. Ending Mild or Moderate Inflations 8. Currency Reforms Ending Hyperinflations 9. Forces Establishing, Maintaining and Eroding Stable Monetary Regimes Appendix IndexReviews'What makes this book so special is the interaction of historical detail, innovative economic analysis and public choice theory. A wealth of historical evidence, both institutional and quantitative, is used to illustrate key hypotheses from monetary theory and political economy and draw important lessons for public policy. Not only is inflation shown to be a monetary phenomenon but the monetary regime itself is explained by political institutions and events.' - Roland Vaubel, Universitat Mannheim, Germany Acclaim for the first edition: 'Peter Bernholz's book brings together his comprehensive studies of inflation from the fourth century to the present, showing their common elements and their differences. This is an impressive work that bankers, central bankers, economists and laymen can read with pleasure and profit. I recommend it highly.' - Allan H. Meltzer, The Hoover Institution, Stanford, US 'What makes this book so special is the interaction of historical detail, innovative economic analysis and public choice theory. A wealth of historical evidence, both institutional and quantitative, is used to illustrate key hypotheses from monetary theory and political economy and draw important lessons for public policy. Not only is inflation shown to be a monetary phenomenon but the monetary regime itself is explained by political institutions and events.' --Roland Vaubel, Universitat Mannheim, Germany Author InformationPeter Bernholz, Professor Emeritus of Economics, Center for Economics and Business (WWZ), University of Basle, Switzerland Tab Content 6Author Website:Countries AvailableAll regions |