From Welltop to Laptop?

Over the past decade, soaring commodity prices have had a relatively minor impact on the overall level of prices, at least by historical standards. Whereas oil is twelve times more expensive now that it was in 1999, consumer prices in industrialized countries are only 20 per cent higher. This short note explains why the sluggish response of inflation may be about to change.

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Year of publication:	2008
Authors:	Bichler, Shimshon ; Nitzan, Jonathan
Publisher:	Toronto : The Bichler and Nitzan Archives
Subject:	capital \| high-tech \| inflation \| Middle East \| oil prices \| stagflation

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Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Preprint
Language:	English
Other identifiers:	hdl:10419/157826 [Handle] RePEc:zbw:esprep:157826 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10011644930