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The Aim of the Paper Is to Develop a New Approach to Inflation Based on Marx's Circuit of Capital and the Structural Price Equation. the Feedback Effect of Any Disequilibrium in the Circuit Has Some Important Consequences on the Price Equation. the Reduced Form of the Model Shows in Particular...
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with Short-Run Fluctuations Due to Entry and Exhaustion of Deposits. the Cyclicality of Resource Prices Is Reinforced by …
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