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Tom's edits of cagan_ree and *.bib file, June 6
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lectures/_static/quant-econ.bib

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Note: Extended Information (like abstracts, doi, url's etc.) can be found in quant-econ-extendedinfo.bib file in _static/
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###
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@incollection{sargent1982ends,
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title={The ends of four big inflations},
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author={Sargent, Thomas J},
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booktitle={Inflation: Causes and effects},
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editor = {Hall, Robert E}
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pages={41--98},
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year={1982},
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publisher={University of Chicago Press}
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}
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@misc{Tooze_2014,
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title={The Deluge: The Great War, America and the Remaking of the Global Order, 1916--1931},
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month = {06}
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}
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@article{CampbellShiller88,
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author = {John Y. Campbell, Robert J. Shiller},
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title = {{The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors}},

lectures/cagan_ree.md

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* to **stop** a persistent inflation the government simply stops persistently running a money-financed government deficit
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Our model is a "rational expectations" (or "perfect foresight") version of a model that Philip Cagan used to study the monetary dynamics of hyperinflations.
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Our model is a "rational expectations" (or "perfect foresight") version of a model that Philip Cagan {cite}`Cagan` used to study the monetary dynamics of hyperinflations.
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While Cagan didn't use that "rational expectations" version of the model, Thomas Sargent did when he studied the Ends of Four Big Inflations.
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While Cagan didn't use that "rational expectations" version of the model, Thomas Sargent {cite}`sargent1982ends` did when he studied the Ends of Four Big Inflations in Europe after World War I.
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Some of our quantitative experiments with the model are designed to illustrate how the fiscal theory explains the abrupt end of those big inflations.
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