Robert B. Anderson, William A. Bomberger, Gail E. Makinen, The Demand for Money, the "Reform Effect," and the Money Supply Process in Hyperinflation: The Evidence from Greece and Hungary II Reexamined, Journal of Money, Credit and Banking, Vol. 20, No. 4 (Nov., 1988), pp. 653-672
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Anderson et al. (1988) studied this question.