Titlebook: Inflation in Small Countries; Proceedings of an In Helmut Frisch Conference proceedings 1976 Springer-Verlag Berlin · Heidelberg 1976 Distr

山崩

Inflation in Open Economies: Supply-Determined Versus Demand-Determined Modelsnt of the rate of inflation in the Scandinavian countries. This shift seems to have been accelerated by publication by Aukrust [1], [2] for Norway and Edgren, Faxen and Odhner [5], [6] of an analysis of inflation, sometimes called the “EFO model” in Sweden, that makes the rate of inflation “structur

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一小塊

An Elementary Monetarist Model of Simultaneous Fluctuations in Prices and Outputon of inflation may be characterised as “monetarist” have not found it necessary to abandon their views in the light of recent experience, for there is abundant evidence of long-run correlation between the time paths of the money supply and the level of money income. Nevertheless, the behaviour of t

山間窄路

The Role of Index Clauses in an Anti-Inflationary Strategyfollowed in rapid succession, money continued to minimize transaction costs for the economic process. Whenever inflation continues unabated and/or at an unacceptable high rate over longer periods of time, it loses part of its functions. First of all money loses its importance as a store of value, su

生銹

Indexation and Monetary Stability great names in the economics profession as Jevons [4], Marshall [7], [8], [9] and Keynes [3], as well as by Milton Friedman [2], that the widespread adoption of cost-of-living escalator clauses could both reduce the allocative and distributive consequences of inflation and make it less painful to r

范圍廣

Reverse Indexing: A Scheme to Annihilate Inflation?es and to seek their hail in indexation: none less than Mr. Friedman was one of the last converts and prophets of general indexation i.e. a scheme whereby all incomes (including interests on all kinds of loans) would be subject to an escalation clause.

繁忙

aesthetician

Inflationary Expectations in a Macroeconomic Modelsupply and a financial submodel. Inflationary expectations are introduced via a supply-price-function of labor (a modified Phillipscurve). In contrast to many other models inflationary expectations are endogenous in this paper; they are incorporated into the labormarket. We assume that real demand i

fixed-joint

BRAWL

International Aspects of Cost Push Inflationmany countries reflects that economies are to a large extent intertwined. It is obvious then that ‘national’ inflation rates are due partly to inflation generated outside of national boundaries. International trade and money markets provide the most important channels through which inflation is bein