The hyperinflation episode in the Weimar Republic in the early 1920s was not the first hyperinflation, nor was it the first one in Europe, or even the most extreme inflation in history (the Hungarian pengő and Zimbabwean dollar have both been more inflated).
They move to Germany and struggle to survive the conditions there, during the Great Inflation.
After finishing secondary school, he worked in a bank for a yeear that include the German hyperinflation of 1923.
Using data from the German hyperinflation, an equation that relates price change dispersion to exogenous unperceived money shocks is estimated.
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