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L’hyperinflation ou le rejet de la monnaie domestique

Author

Listed:
  • Jonathan Marie

    (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique)

Abstract

The article proposes to define hyperinflation as the rejection of domestic currency in favour of a foreign currency in a context of high inflation. This rejection explains why these crises are also major political and institutional crises. Based on Post-Keynesian and structuralist theories, the analysis highlights the role played by distributional conflict, indexation, and external instability.

Suggested Citation

  • Jonathan Marie, 2023. "L’hyperinflation ou le rejet de la monnaie domestique," Post-Print hal-04167420, HAL.
    • Handle: RePEc:hal:journl:hal-04167420
    as

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