Political stabilization cycles in high-inflation economies 1 The authors are grateful to George Akerlof, Chris Canavan, Alessandra Casella, Eduardo Fernández-Arias, Albert Fishlow, Maurice Obstfeld, Robert Powell, Mathew Rabin, David Romer, Andrew Rose, an anonymous referee and members of our dissertation group at UC Berkeley for helpful comments and discussions. We also thank seminar participants at the Universidad de San Andrés, the Instituto Di Tella and the 1994 Latin American Meeting of the Econometric Society. Deborah Davis provided editorial assistance. An earlier version of this paper was published as a CIDER Working Paper in August 1994. The views expressed here are the authors and do not necessarily represent those of their institutions. 1
Titel:
Political stabilization cycles in high-inflation economies 1 The authors are grateful to George Akerlof, Chris Canavan, Alessandra Casella, Eduardo Fernández-Arias, Albert Fishlow, Maurice Obstfeld, Robert Powell, Mathew Rabin, David Romer, Andrew Rose, an anonymous referee and members of our dissertation group at UC Berkeley for helpful comments and discussions. We also thank seminar participants at the Universidad de San Andrés, the Instituto Di Tella and the 1994 Latin American Meeting of the Econometric Society. Deborah Davis provided editorial assistance. An earlier version of this paper was published as a CIDER Working Paper in August 1994. The views expressed here are the authors and do not necessarily represent those of their institutions. 1
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