approaches to inflation. In this paper we explore some of the key contributions to the macroeconomic literature which appeared … assimilated it into their macroeconomic models. The gradual emergence of stagflation and the progressive breakdown of the Phillips … attacked the Phillips Curve but their criticisms sought to modify, not nullify. The idea that inflation and unemployment were …

This is the third in a series of three essays which explore modern theories for inflation. Here we examine theories … that reject the universal validity of perfect competition and link inflation with alternative, more realistic structures … and institutions. In contrast to macroeconomic theories which emphasize ‘excess demand’ and growth inflation, structural …

politics. It examines the evolution of Marxist thinking on accumulation and the state. And it articulates an innovative theory …

The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of … inflation, which tend to take structure and institutions as given for the purpose of analysis, we argue that inflation could be …, inflationary restructuring arises as an integral part of capital accumulation. On the aggregate level, inflation appears as …

with the interaction of stagnation and inflation is invariably based on some explicit or implicit assumptions about …This essay deals with the relationship between stagflation and the process of restructuring. The literature dealing … phenomenon of stagflation and the process of structural change. Of the few who dealt with this issue, we have chosen to focus …

: it was flexible enough for sufficient macroeconomic policy autonomy to bring about differential inflation rates, and … der makroökonomischen Politik, mit der sich die Inflation der Handelspartner unterbieten ließ, und gleichzeitig …

natural rate and large real-time errors in estimates of the natural rate uprooted heretofore quiescent in inflation … inflation expectations would have remained anchored and the stag inflation of the 1970s would have been avoided. Indeed, we find … that less activist policies would have been more effective at stabilizing both in inflation and unemployment. We argue that …

sind. Der gewählte Analyseansatz greift auf positive und normative Hinweise der Club Theorie zurück. Es wird zunächst … (Kosten und Nutzen des Beitritts) für eine bestmögliche Strategie der Wechselkurspolitik der Beitrittskandidaten zur … draws on positive and normative hints from club theory. The paper provides an analytical approach to determine ex-ante the …