The Impact of Inflation on Society: a Case Study of Argen...
Rème, Galatée
For more than sixty years Argentina has suffered from very high inflation and government instability. The authorities have tried several different policies to bring inflation down but up to now there has been no long-term efficient inflation stabilization policy. Peronist periods and dictatorships impoverished the society which has for a long time experienced a very high unemployment rate.The new Keynesian Phillips curve is a good model to exa...