Theories of Inflation

Theories of Inflation

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A survey of the new theories of inflation that have developed over the past two decades in response to the inflationary pressures experienced by Western countries examines the shifting debate from explaining inflation as a "causal" process to explaining its increase as a result of constantly changing more

Product details

  • Hardback | 272 pages
  • 138 x 216mm | 445g
  • Cambridge, United Kingdom
  • English
  • d.tabs.
  • 0521224705
  • 9780521224703

Table of contents

1. Inflation: definition and measurement; 2. Expectations and inflation; 3. The Phillips curve; 4. Monetarist inflation theory; 5. The hypothesis of structural inflation; 6. Stagflation; 7. Some traditional explanations of more