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dc.contributor.authorSallum, Elvia Mureb
dc.contributor.authorBarbosa, Fernando de Holanda
dc.contributor.authorCunha, Alexandre Barros da
dc.date.accessioned2008-05-13T15:25:56Z
dc.date.available2008-05-13T15:25:56Z
dc.date.issued2005-01-01
dc.identifier.issn0104-8910
dc.identifier.urihttp://hdl.handle.net/10438/528
dc.description.abstractThis paper shows that a competitive equilibrium model, where a representative agent maximizes welfare, expectations are rational and markets are in equilibrium can account for several hyperinflation stylized facts. The theory is built by combining two hypotheses, namely, a fiscal crisis that requires printing money to finance an increasing public deficit and a predicted change in an unsustainable fiscal regime.eng
dc.language.isoeng
dc.publisherEscola de Pós-Graduação em Economiapor
dc.relation.ispartofseriesEnsaios Econômicos;578por
dc.subjectHyperinflationpor
dc.subjectRational expectationspor
dc.subjectCompetitive equilibriumpor
dc.subjectFiscal crisispor
dc.titleCompetitive equilibrium hyperinflation under rational expectationseng
dc.typeWorking Papereng
dc.subject.areaEconomiapor
dc.contributor.unidadefgvEscolas::EPGEpor
dc.subject.bibliodataExpectativas racionais (Teoria econômica)por
dc.subject.bibliodataModelos econométricospor
dc.subject.bibliodataInflaçãopor
dc.subject.bibliodataEconomiapor
dc.contributor.affiliationFGV


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