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2024
- ISIDORE Id: 10670/1.410d74...
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Marc Sénégas et al., « Hyperinflation: on the Centennial of the German Experience of the 1920s, a Look Back », Revue d'économie financière, ID : 10670/1.410d74...
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To mark the centenary of the German hyperinflation of 1920-1923, this article reviews the way in which macroeconomic analysis has been able to understand the phenomenon of hyperinflation. It reviews the main mechanisms that theory has identified as being at work behind the genesis, development, and end of the hyperinflationary process. The almost perfect example of German hyperinflation under the Weimar Republic is then used to illustrate these mechanisms. JEL classification: E4, E5, E6, N14, N24.
