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Inflation is a persistent challenge that affects economies globally. The battle against inflation is crucial for … overcome inflation and maintain economic stability. The paper reviews the monetary, fiscal, and supply-side policy options that … have been employed by the US in its fight against inflation. The analysis considers the effectiveness of these policies …
Persistent link: https://www.econbiz.de/10014257613
Persistent link: https://www.econbiz.de/10000078064
; quantitative easing ; money supply ; deflation ; inflation ; monetarism ; economic stability …
Persistent link: https://www.econbiz.de/10009612747
Persistent link: https://www.econbiz.de/10015135976
economists to engage with Phillips' famous unemployment/wage-inflation analysis, now referred to as the Phillips curve. They … formulated the first unemployment/price-inflation version of the Phillips curve and were the first to interpret the Phillips … careful reconstruction and assessment of their original formulation, documenting the close relationship between the wage-inflation …
Persistent link: https://www.econbiz.de/10010510926
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This study contributes to the ongoing discussion surrounding the recent upswing in inflation by presenting an … analytical framework and empirically examining inflation trends in Italy. Its primary aim is to unveil the underlying causes …, distributive repercussions, and mechanisms through which inflation spreads. We adopt a cost-push and distributive conflict …
Persistent link: https://www.econbiz.de/10014529503
contribution to the hypothesis that inflation is primarily caused by conflict, and b) reconcile the Post-Keynesian and New …-Keynesian traditions. In the first section the authors develop a barter model that allows them to prove that inflation can occur with … testability of the proposed framework. We also highlight the ideological roots of the "inflation as conflict" hypothesis and the …
Persistent link: https://www.econbiz.de/10014249511
Persistent link: https://www.econbiz.de/10014285309
, consistent with the evidence, increases with inflation. Because we assume that firms sell multiple products and choose how many … inflation accelerator-a feedback loop between inflation and the fraction of price changes-that significantly increases the slope … of the Phillips curve during periods of high inflation. Applied to the U.S. time series, our model predicts that the …
Persistent link: https://www.econbiz.de/10015080998