{"id":"https://openalex.org/W1504131811","doi":"https://doi.org/10.3386/w2743","title":"The Political Economy of War Debts and Inflation","display_name":"The Political Economy of War Debts and Inflation","publication_year":1988,"publication_date":"1988-10-01","ids":{"openalex":"https://openalex.org/W1504131811","doi":"https://doi.org/10.3386/w2743","mag":"1504131811"},"language":"en","primary_location":{"id":"doi:10.3386/w2743","doi":"https://doi.org/10.3386/w2743","is_oa":true,"landing_page_url":"https://doi.org/10.3386/w2743","pdf_url":"https://doi.org/10.3386/w2743","source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"National Bureau of Economic Research","raw_type":"report"},"volume":null,"type":"report","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.3386/w2743","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5000674849","display_name":"Herschel I. Grossman","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I27804330","display_name":"Brown University","ror":"https://ror.org/05gq02987","country_code":"US","type":"education","lineage":["https://openalex.org/I27804330"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Herschel Grossman","raw_affiliation_strings":["Department of Economics Brown University Providence , RI 02912","Deceased"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics Brown University Providence , RI 02912","institution_ids":["https://openalex.org/I27804330"]},{"raw_affiliation_string":"Deceased","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5000674849"],"corresponding_institution_ids":["https://openalex.org/I27804330"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":14,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.4880000054836273,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.4880000054836273,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.24690000712871552,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13158","display_name":"Political and Economic history of UK and US","score":0.10670000314712524,"subfield":{"id":"https://openalex.org/subfields/3320","display_name":"Political Science and International Relations"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/war-debt","display_name":"war debt","score":0.8410000205039978},{"id":"https://openalex.org/keywords/inflation","display_name":"inflation","score":0.8320000171661377},{"id":"https://openalex.org/keywords/debt-default","display_name":"debt default","score":0.6159999966621399},{"id":"https://openalex.org/keywords/united-kingdom","display_name":"United Kingdom","score":0.6050000190734863},{"id":"https://openalex.org/keywords/united-states","display_name":"United States","score":0.9990000128746033},{"id":"https://openalex.org/keywords/labor-movement","display_name":"labor movement","score":0.9549999833106995},{"id":"https://openalex.org/keywords/political-economy-of-money","display_name":"political economy of money","score":0.4819999933242798}],"concepts":[{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.6886653900146484},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.637138843536377},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.5941520929336548},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.5553923845291138},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.5014235973358154},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.37786436080932617},{"id":"https://openalex.org/C138921699","wikidata":"https://www.wikidata.org/wiki/Q47555","display_name":"Political economy","level":1,"score":0.3455328345298767},{"id":"https://openalex.org/C136264566","wikidata":"https://www.wikidata.org/wiki/Q159810","display_name":"Economy","level":1,"score":0.343886137008667},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.32207250595092773},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.28651225566864014},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.3386/w2743","doi":"https://doi.org/10.3386/w2743","is_oa":true,"landing_page_url":"https://doi.org/10.3386/w2743","pdf_url":"https://doi.org/10.3386/w2743","source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"National Bureau of Economic Research","raw_type":"report"},{"id":"pmh:oai:RePEc:nbr:nberwo:2743","doi":null,"is_oa":false,"landing_page_url":"http://www.nber.org/papers/w2743.pdf","pdf_url":"http://www.nber.org/papers/w2743.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.625.9211","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.625.9211","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.nber.org/papers/w2743.pdf","raw_type":"text"},{"id":"mag:1504131811","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=226860","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"mag:3149573094","doi":null,"is_oa":false,"landing_page_url":"https://ideas.repec.org/p/nbr/nberwo/2743.html","pdf_url":null,"source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"National Bureau of Economic Research","raw_type":null}],"best_oa_location":{"id":"doi:10.3386/w2743","doi":"https://doi.org/10.3386/w2743","is_oa":true,"landing_page_url":"https://doi.org/10.3386/w2743","pdf_url":"https://doi.org/10.3386/w2743","source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"National Bureau of Economic Research","raw_type":"report"},"sustainable_development_goals":[{"score":0.5473999977111816,"id":"https://metadata.un.org/sdg/16","display_name":"Peace, justice, and strong institutions"}],"sustainable_development_goals_aurora":[{"score":0.49000000953674316,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W1504131811.pdf","grobid_xml":"https://content.openalex.org/works/W1504131811.grobid-xml"},"referenced_works_count":9,"referenced_works":["https://openalex.org/W43800846","https://openalex.org/W1481356246","https://openalex.org/W1534347193","https://openalex.org/W1537770112","https://openalex.org/W1557971685","https://openalex.org/W1981930802","https://openalex.org/W2061670657","https://openalex.org/W6661461393","https://openalex.org/W6991722361"],"related_works":["https://openalex.org/W4254107510","https://openalex.org/W4243221167","https://openalex.org/W7123554286","https://openalex.org/W4230077520","https://openalex.org/W3210514282","https://openalex.org/W2977835665","https://openalex.org/W2487419688","https://openalex.org/W3113005408","https://openalex.org/W2062835529","https://openalex.org/W4412757684"],"abstract_inverted_index":{"ABSTRAIThis":[0],"paper":[1,38],"argues":[2,119],"that":[3],"before":[4],"World":[5,64,77],"War":[6,65,78],"II":[7],"the":[8,31,35,56,81,84,100,109,130,144,148],"desire":[9],"to":[10,48,115,151],"maintain":[11],"a":[12,51],"trustworthy":[13,154],"reputation":[14],"for":[15],"honoring":[16,57],"war":[17,61],"debts":[18,62,113,135],"was":[19,136],"an":[20],"important":[21],"factor":[22],"in":[23,29,58,71],"inducing":[24],"deflationary":[25,52],"postwar":[26,102,123],"monetary":[27,53],"policies":[28],"both":[30],"United":[32,36,145,149],"Kingdom":[33,146],"and":[34,73,90],"States.The":[37],"then":[39],"asks":[40],"why":[41],"this":[42],"policy":[43,54],"objective":[44],"did":[45,140],"not":[46,141],"serve":[47],"induce":[49],"either":[50,143],"or":[55,147],"full":[59],"of":[60,83,93,111],"following":[63],"II.The":[66],"discussion":[67],"focuses":[68],"on":[69,104,133],"differences":[70],"economic":[72,89],"political":[74,91],"conditions":[75],"atter":[76],"II,":[79],"especially":[80],"extension":[82],"voting":[85],"franchise,":[86],"trie":[87],"increased":[88],"power":[92],"organized":[94],"labor,":[95],"and,":[96,138],"perhaps":[97],"most":[98],"importantly,":[99],"large":[101],"demands":[103],"national":[105],"resources":[106],"with":[107],"which":[108],"servicing":[110],"World-War-Il":[112,134],"had":[114],"compete.The":[116],"analysis":[117],"also":[118],"that,":[120],"because":[121],"these":[122],"developments":[124],"were":[125],"unforeseeable,":[126],"but":[127],"verifiable,":[128],"contingencies,":[129],"partial":[131],"default":[132],"excusable":[137],"accordingly,":[139],"cause":[142],"States":[150],"lose":[152],"its":[153],"reputation.":[155]},"counts_by_year":[{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2012,"cited_by_count":2}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
