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The political economy of hyperinflation in Venezuela |
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| Authors: | Pittaluga Giovanni B. Seghezza Elena Morelli Pierluigi |
| Affiliation: | 1.Department of Economics, University of Genova, Via Vivaldi 5, 16126, Genoa, Italy ;2.Department of Political Science, University of Genova, P.le Brignole 3, 16125, Genoa, Italy ;3.Associazione Bancaria Italiana, P.zza del Gesù 49, 00186, Rome, Italy ; |
| Abstract: | Public Choice - We study the Venezuelan hyperinflation as a political phenomenon with distributional and efficiency effects. The hyperinflation originated in publicly financed benefits for the... |
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