@techreport{NBERw0728,
 title = "Transition from Inflation to Price Stability",
 author = "Peter M. Garber",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "728",
 year = "1981",
 month = "August",
 URL = "http://www.nber.org/papers/w0728",
 abstract = {This paper provides a detailed discussion of the real phenomena that materialized in the stabilization period which followed the German hyper-inflation. Significant real dislocations arose after the monetary reform; and these can be attributed to a government policy which subsidized heavy industry through the inflation tax proceeds. The "credibility problem" appears not to have been a significant factor in the post-reform dislocation.},
}