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Latin American Inflation
Julio Cole
其他書名
Theoretical Interpretations and Empirical Results
出版
Bloomsbury Academic
, 1987-11-25
主題
Education / General
Business & Economics / Economics / General
ISBN
0275928098
9780275928094
URL
http://books.google.com.hk/books?id=Mwm4AAAAIAAJ&hl=&source=gbs_api
註釋
In his book, Cole points out that a simple monetarist model can explain Latin Amercian inflation, although it cannot by itself provide an explanation in terms of the ultimate causes of inflation. This is the basis of the structuralist critique, which attempts to provide an explanation in a deeper, overall sense. The author concludes that while the monetarist model deals with empirical testing and data, the structuralist approach highlights the human element and country-specific circumstances that cannot really be measured. In addition, an analysis of the recent Bolivian hyperinflation is given.