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Titre Evolution de la demande réelle et de la structure des encaisses monétaires durant l'hyperinflation libanaise (1986-1987)
Auteur Joseph Gemayel
Mir@bel Revue Economie et prévision
Numéro no 105, 1992/4
Rubrique / Thématique
Notes
Page 75-80
Résumé anglais Evolution of Real Demand and Balance Structure During Lebanese Hyperinflation 1986-1987, by Joseph Gemayel. The purpose of this paper is to estimate demand for real balances during the period of Lebanese hyperinflation, using the Cagan model. Results confirm that the model is valid in this case, which is that of a small open economy. Observation of the evolving balance structure shows that some of the functions served by the national currency, particularly that of reserve, have slightly diminished in importance.
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