Download This PaperOn the Measurement of Zimbabwe's Hyperinflation
12 Pages Posted: 15 May 2013
Date Written: June 14, 2009
Abstract
Zimbabwe experienced the first hyperinflation of the 21st century. The government terminated the reporting of official inflation statistics, however, prior to the final explosive months of Zimbabwe’s hyperinflation. We demonstrate that standard economic theory can be applied to overcome this apparent insurmountable data problem. In consequence, we are able to produce the only reliable record of the second highest inflation in world history.
Keywords: Zimbabwe Hyperinflation Statistics, Hyperinflation in African Nations
JEL Classification: E31, P44
Suggested Citation: Suggested Citation
Hanke, Steve H. and Kwok, Alex, On the Measurement of Zimbabwe's Hyperinflation (June 14, 2009). Cato Journal, Vol. 29, No. 2, 2009, Available at SSRN: https://ssrn.com/abstract=2264895
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