Recovering Historical Inflation Data from Postage Stamps Prices

For many developing countries, historical inflation figures are rarely available. We propose a simple method that aims to recover such figures of inflation using prices of postage stamps issued in earlier years. We illustrate our method for Suriname, where annual inflation rates are available for 19...

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Bibliographic Details
Main Authors: Philip Hans Franses, Eva Janssens
Format: Article
Language:English
Published: MDPI AG 2017-11-01
Series:Journal of Risk and Financial Management
Subjects:
Online Access:https://www.mdpi.com/1911-8074/10/4/21