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Searched for: [ Keywords: "Hyperinflation" ] clear all
Journal Article
A Virtual Economics Laboratory: What Generated High Inflation? 14 Different Explanations to One Inflation Period
by Yair Barak
Abstract
A high inflation period of seven years (1978-1985) in Israel, which turned into a hyperinflation, puzzled Israeli economists, who tried to understand its causes and mechanisms. As a result, they provided fourteen different explanations. Although all of the explanations were based on the same data, the researchers’ conclusions were either different or contradictory. This s [...] Read more