Estimating the Welfare Costs of Very High Inflations and Hyperinflations

We explore the welfare costs of inflation originating from lack of liquidity satiation for Weimar Republic’s hyperinflation and three high-inflation countries. Towards the peak of Weimar’s hyperinflation the costs are estimated to have been equal to nearly 20 per cent of income. For Israel, Mexic...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Nicolini, Juan Pablo, Benati, Luca
Formato: Documento de trabajo publishedVersion
Lenguaje:Inglés
Publicado: Universität Bern 2024
Materias:
High inflation
Hyper Inflation
Inflación
Ciclos economicos
Economic cycles
Acceso en línea:https://repositorio.utdt.edu/handle/20.500.13098/12587
Aporte de:
Repositorio Digital Universidad Torcuato Di Tella de Universidad Torcuato Di Tella
id I57-R163-20.500.13098-12587
record_format dspace
spelling I57-R163-20.500.13098-125872024-04-13T07:00:11Z Estimating the Welfare Costs of Very High Inflations and Hyperinflations Nicolini, Juan Pablo Benati, Luca High inflation Hyper Inflation Inflación Ciclos economicos Economic cycles We explore the welfare costs of inflation originating from lack of liquidity satiation for Weimar Republic’s hyperinflation and three high-inflation countries. Towards the peak of Weimar’s hyperinflation the costs are estimated to have been equal to nearly 20 per cent of income. For Israel, Mexico, and Argentina the costs had been materially lower, but still in the range of 3-5 per cent of GDP. 2024-04-12T16:29:51Z 2024-04-12T16:29:51Z 2024 info:eu-repo/semantics/workingPaper info:eu-repo/semantics/publishedVersion https://repositorio.utdt.edu/handle/20.500.13098/12587 eng info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by-sa/2.5/ar/ 19 p. application/pdf application/pdf Universität Bern
institution Universidad Torcuato Di Tella
institution_str I-57
repository_str R-163
collection Repositorio Digital Universidad Torcuato Di Tella
language Inglés
orig_language_str_mv eng
topic High inflation
Hyper Inflation
Inflación
Ciclos economicos
Economic cycles
spellingShingle High inflation
Hyper Inflation
Inflación
Ciclos economicos
Economic cycles
Nicolini, Juan Pablo
Benati, Luca
Estimating the Welfare Costs of Very High Inflations and Hyperinflations
topic_facet High inflation
Hyper Inflation
Inflación
Ciclos economicos
Economic cycles
description We explore the welfare costs of inflation originating from lack of liquidity satiation for Weimar Republic’s hyperinflation and three high-inflation countries. Towards the peak of Weimar’s hyperinflation the costs are estimated to have been equal to nearly 20 per cent of income. For Israel, Mexico, and Argentina the costs had been materially lower, but still in the range of 3-5 per cent of GDP.
format Documento de trabajo
publishedVersion
author Nicolini, Juan Pablo
Benati, Luca
author_facet Nicolini, Juan Pablo
Benati, Luca
author_sort Nicolini, Juan Pablo
title Estimating the Welfare Costs of Very High Inflations and Hyperinflations
title_short Estimating the Welfare Costs of Very High Inflations and Hyperinflations
title_full Estimating the Welfare Costs of Very High Inflations and Hyperinflations
title_fullStr Estimating the Welfare Costs of Very High Inflations and Hyperinflations
title_full_unstemmed Estimating the Welfare Costs of Very High Inflations and Hyperinflations
title_sort estimating the welfare costs of very high inflations and hyperinflations
publisher Universität Bern
publishDate 2024
url https://repositorio.utdt.edu/handle/20.500.13098/12587
work_keys_str_mv AT nicolinijuanpablo estimatingthewelfarecostsofveryhighinflationsandhyperinflations
AT benatiluca estimatingthewelfarecostsofveryhighinflationsandhyperinflations
_version_ 1808040668694577152

Ejemplares similares