Showing 71 - 80 of 149,056
Persistent link: https://www.econbiz.de/10005812564
consumption function and the demand for money, not to mention monetary history, which helped to undermine the post World War 2 … case for a money growth rule, and the expectations augmented Phillips curve are then taken up, followed by a discussion of …
Persistent link: https://www.econbiz.de/10010681093
The paper investigates the role played by Friedman's interpretation of the Brazilian inflation in his 1967 formulation … of chronic inflation. It is argued that, as an empirical economist and in the absence of evidence from industrialized … countries, Friedman found in the Brazilian 1964-66 stabilization episode significant support for his argument about inflation …
Persistent link: https://www.econbiz.de/10011893098
and mid-1970s, an experience which led him to write an article on the complicated dynamics between inflation and economic … Georgescu-Roegen's contribution against the background of the lively debates on inflation taking place in Brazil at the time … controversies regarding the perverse distributive effects of inflation. Finally, we will explore some of the reasons why Georgescu …
Persistent link: https://www.econbiz.de/10012868260
Irving Fisher long advocated inflation indexed bonds. I prove in the context of a multicommodity CAPM world that the … best welfare improving bond pays the minimum money needed to achieve the same utility, and not the minimum needed to buy an …
Persistent link: https://www.econbiz.de/10014076190
Persistent link: https://www.econbiz.de/10010482980
The American Post Keynesians - those who attach importance to the "Big P" and the absence of a dash between "post" and "Keynesian" - claim to be Keynes's most literal interpreters, or the "truest" Keynesians (HOLT ET AL., 1998, p. 17). This paper compares the Post Keynesian interpretation of the...
Persistent link: https://www.econbiz.de/10002202978
to support the standard objection to such policies: that they will lead to uncontrollable inflation. Theoretical models … of inflationary monetary financing rest upon inaccurate conceptions of the modern endogenous money creation process. This … support for a relationship between monetary financing and inflation. The findings lend support to recent calls for explicit …
Persistent link: https://www.econbiz.de/10011545308
to support the standard objection to such policies: that they will lead to uncontrollable inflation. Theoretical models … of inflationary monetary financing rest upon inaccurate conceptions of the modern endogenous money creation process. This … support for a relationship between monetary financing and inflation. The findings lend support to recent calls for explicit …
Persistent link: https://www.econbiz.de/10011389179
to support the standard objection to such policies: that they will lead to uncontrollable inflation. Theoretical models … of inflationary monetary financing rest upon inaccurate conceptions of the modern endogenous money creation process. This … support for a relationship between monetary financing and inflation. The findings lend support to recent calls for explicit …
Persistent link: https://www.econbiz.de/10013013224