Source: Yugoslav Inflation and Money
Series: IMF Working Papers
Author(s): Ashok Lahiri
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 1991
Yugoslav inflation unfolded as a classic wage-price-exchange rate spiral through the 1970s and 1980s and exploded into hyperinflation in the last quarter of 1989. This paper examines the process of monetary accommo...