A01=Julio Cole
Author_Julio Cole
Category=KCBM
Economics: International
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eq_business-finance-law
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eq_nobargain
eq_non-fiction
Product details
- ISBN 9780275928094
- Publication Date: 25 Nov 1987
- Publisher: Bloomsbury Publishing Plc
- Publication City/Country: US
- Product Form: Hardback
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In his book, Cole points out that a simple monetarist model can explain Latin Amercian inflation, although it cannot by itself provide an explanation in terms of the ultimate causes of inflation. This is the basis of the structuralist critique, which attempts to provide an explanation in a deeper, overall sense. The author concludes that while the monetarist model deals with empirical testing and data, the structuralist approach highlights the human element and country-specific circumstances that cannot really be measured. In addition, an analysis of the recent Bolivian hyperinflation is given.
JULIO HAROLD COLE is Professor of Money and Banking at the Universidad Francisco Marroquin in Guatemala.
