Theories of Inflation

Helmut Frisch (Author)

9780521295123, Cambridge University Press

Paperback, published 27 January 1984

276 pages
20.8 x 13.5 x 1.9 cm, 0.305 kg

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 expectations.

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 inflation.

Subject Areas: Macroeconomics [KCB]