HYPERINFLATIONS: THEIR ORIGINS, DEVELOPMENT AND TERMINATION
总结并批判性地评述了关于恶性通货膨胀的研究，分析其起源、发展、终结及教训，对理解货币与财政政策如何影响通胀及政策制定者如何影响预期有参考价值。
Abstract. This paper summarizes and critically surveys research on hyperinflation. Appraisal and review of the literature considers the origins, development, termination, and the lessons to be learned from hyperinflations. The historical evidence as well as the econometric evidence is analyzed. It is concluded that while the lessons to be learned from such episodes perhaps have been overstated a number of useful implications may be derived from studying hyperinflations, such as an understanding of the forces which link monetary and fiscal policies to inflation, and policy makers’role in influencing individuals’expectations.