Bryan Cutsinger and Louis Rouanet on the Politics and Dynamics of Hyperinflation in Revolutionary France
Macro Musings with David Beckworth
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The Structure of the Demand for Money in the ASEAN After November 1795
The Jacobins were committed to continuing using this currency. But as they lost political power, that essentially is like a policy path shock. And so what's going to happen with the ASEAN is going to be different now than what it would have been had the Jacobins remained in power. The first structural break is really, so Rob SPA is talk of, doesn't necessarily mean at first that the Jacobins are losing power.
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