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Table of Contents

  1. Installation
  2. Project Motivation
  3. File Descriptions
  4. Results
  5. Licensing, Authors, and Acknowledgements

Installation

There should be no necessary libraries to run the code here beyond the Anaconda distribution of Python. The code should run with no issues using Python versions 3.*.

Project Motivation

This project investigates hyperinflations from different countries and the corresponding reaction of the central bank discount rate during the currency crisis. Furthermore, correlations to population growth, real wages, unemployment rate, social inequality are investigated. The results of the analysis do not state or imply that one change causes another based solely on a correlation.

The report will answer the following questions:

  1. When and where did the biggest hyperinflations occur from 1961 to 2017 in each of the countries and how did the central bank discount rate change around that time ?
  2. Are there global trends in inflation rates and central bank discount rates?
  3. What are the correlations between inflation and a) population growth, b) real income, d) inequality?

File Descriptions

There is one jupyther notebook available to showcase work related to the above questions. The notebook is exploratory in searching through the data pertaining to the questions. Markdown cells were used to assist in walking through the thought process for individual steps.

Results

The main findings of the code can be found at the post available here.

Licensing, Authors, Acknowledgements

MIT License

Copyright (c) 2020 Dennis Dachkovski Must give credit to Gapminder and affiliates for the data. You can find the Licensing for the data and other descriptive information at the Gapminder link available here.

Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.