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There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few …
Persistent link: https://www.econbiz.de/10011851839
of money -- Inflation without a quantity of money : the Wicksellian approach. -- Technological risk and the social … -- Wicksellianism in a risky world -- The cost of inflation as moneylessness -- The cost of inflation as creditlessness -- A …This book explores the causes, costs and benefits of inflation. It argues that while the cause of inflation is …
Persistent link: https://www.econbiz.de/10012420049
It is a popular notion that money and output are separate and autonomous entities. Money and Inflation argues that this … presented in its place. The book aims to provide the foundations for a new analysis of inflation from a macroeconomic … in order to gain a thorough comprehension of inflation it is necessary to focus on the formation of national income, not …
Persistent link: https://www.econbiz.de/10014474108
), 'The Determinants of Wage Inflation: United Kingdom, 1946-56' and 'Discussion on Paper', Journal of the Royal Statistical … Comparative Predictive Performance of Wage Inflation Models of the British Economy', Economic Journal, 81 (321), March, 113 …-19 -- S.G.B. Henry, M.C. Sawyer and P. Smith (1976), 'Models of Inflation in the United Kingdom: An Evaluation', National …
Persistent link: https://www.econbiz.de/10011852221
great inflation of the late 1960s and 1970s. It is the first detailed analysis, using Federal Reserve documents, of the … policy that led to this inflation. Thomas Mayer considers forecasting errors and wage and price controls in his attempt to … explain why the inflation occurred and places some of the blame on ineffective operating procedures, institutional …
Persistent link: https://www.econbiz.de/10014473850
Monetary Policy and Taiwan's Economy questions whether the Asian crisis could have been avoided through the application of recommendations highlighted by the contributors. The conclusion reached is that in an abstract world, perhaps; but in the world in which we live; no. It is argued that the...
Persistent link: https://www.econbiz.de/10014474165
The historic link between output (GDP) growth and employment has weakened. Since there is no quantitively verifiable economic theory to explain past growth, this unique book explores the fundamental relationship between thermodynamics (physical work) and economics
Persistent link: https://www.econbiz.de/10011852051
The impact of technical change on employment is investigated in this important new book which offers a critical appraisal of how far current economic analysis and theory can deal with this key policy issue. The Economics of Technology and Employment addresses the impact of technical change on...
Persistent link: https://www.econbiz.de/10014473912
'Donoghue, Jim, Louise Goulding, and Grahame Allen (2004), "Consumer Price Inflation Since 1750," Economic Trends, 604, 38 …-1154" -- "Parkin, Michael (1998), "Unemployment, Inflation, and Monetary Policy," Canadian Journal of Economics / Revue canadienne d …'Economique 31 (5) (November), 1003-1032" -- "Ascari, Guido and Argia M. Sbordone (2014), "The Macroeconomics of Trend Inflation …
Persistent link: https://www.econbiz.de/10012419883
. Saving, asset-price inflation, and debt-induced deflation / Michael Hudson -- 7. Unit roots in macroeconomic time series and … Washington Consensus and (non-) development / Hansjörg Herr and Jan Priewe -- 10. Competition, low profit margin, low inflation …
Persistent link: https://www.econbiz.de/10011850557