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portada Latin American Inflation: Theoretical Interpretations and Empirical Results
Type
Physical Book
Publisher
Year
1987
Language
English
Pages
104
Format
Hardcover
ISBN
0275928098
ISBN13
9780275928094

Latin American Inflation: Theoretical Interpretations and Empirical Results

Julio Cole (Author) · Praeger · Hardcover

Latin American Inflation: Theoretical Interpretations and Empirical Results - Julio Cole

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Synopsis "Latin American Inflation: Theoretical Interpretations and Empirical Results"

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.

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