extreme inflation rates. The main implication of the results is that a seemingly non-distortionary policy, such as more credit … empirical evidence, based on panel time series and time series data, shows that more broad access to financial and credit … only because the poor can invest the acquired credit in all sorts of productive activities, but also because those with …

This paper assesses the adjustment of inflation with financial dynamic fundamentals of money (financial depth), credit …-term adjustments in the ability of banks to transform money into credit do not matter in correcting inflation. This is most probably … between inflation and the fundamentals. (2) The error correction mechanism is stable in all specifications but in case of any …

crises, ruling class formation and dominant ideology, militarism and dependency, inflation and recession, the politics of …

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 …

.g. offers) and reducing their saving and spending levels. •Spanish households have resorted to credit and increased their labour … cope with inflation. …

This study shows that, in the United States, the effects of monetary policy on credit and housing markets have become … considerably stronger relative to the impact on GDP since the mid-1980s, while the effects on inflation have become weaker …. Macroeconomic stabilization through monetary policy may therefore have become associated with greater fluctuations in credit and …