Studies in Inflationary Dynamics: Financial Repression and Financial Liberalization in Less-Developed Countries

This book presents a series of models which are designed to illuminate many facets of the interactions between monetary and real phenomena in inflationary, less developed economies. Since these interactions are essentially dynamic in character, the models are also dynamic: they seek to elucidate the possible lines of evolution of an economy in response to financial policies of varying degreees of 'repressiveness'.