Listar Departamento de Economía por autor "Benati, Luca"
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Estimating the Welfare Costs of Very High Inflations and Hyperinflations
Nicolini, Juan Pablo; Benati, Luca (Universität Bern, 2024)We explore the welfare costs of inflation originating from lack of liquidity satiation for Weimar Republic’s hyperinflation and three high-inflation countries. Towards the peak of Weimar’s hyperinflation the costs are ...