Kromphardt, Jürgen (contributor); … - 2007
1975 and 1980 after the first (or the second) oil price shock in autumn 1973. During the disinflation period, inflation and … unemployment were the result of the struggle between the wage and price setters trying to influence the distribution of income to … their favour and the Central Bank fighting against inflation. Since the wage and price setters did not fully believe in an …