This paper studies the behavior of inflation after nine large post-1990 contractionary devaluations. A salient feature … of the data is that inflation is low relative to the rate of devaluation. We argue that distribution costs and …

This paper explores the relationship between devaluing the dollar and inflation, examining both the theoretical … inflation by reducing demand or increasing the supply of goods and services, others suggest that devaluation can actually lead … to an increase in inflation by making imports more expensive and increasing demand for domestically produced goods and …

This article investigates the reasons of stagflation, as of one of the most complicated and undesirable state, as well … as its socioeconomic features. This works aims representation of analysis of the socioeconomic results of stagflation in … stagflation, its impact on economic development of the country and welfare of each citizen, effectiveness of monetary regulations …

The article develops a stylized medium-run post-Kaleckian open economy model with conflict inflation and combines two … demand, growth, trade balance, and inflation are generally ambiguous and highly contingent on the parameter constellation of …