The Economics of Repressed Inflation

ISBN-13: 9780415313933 / Angielski / Twarda / 2003 / 126 str.

Harold Karr Charlesworth

Opis

The Economics of Repressed Inflation is a micro-economic analysis of the effects of a partially controlled inflation in a peacetime economy. This analysis suggests that the combination of inflationary pressures and the control of consumption has economic effects on the price level and on the distribution of resources which may be as serious for the economy as the more widely recognized effects of an uncontrolled inflation.

Spis treści

1. Statement of the Problem 2. The Economic Nature of Repressed Inflation 3. Factor Supply Under Repressed Inflation 4. Consumer Reaction to Repressed Inflation 5. Factor Allocation Under Repressed Inflation 6. The Industry Under Repressed Inflation 7. The Black Market Pressure Against Controls 8. The Scope of Fiscal Policy 9. Considerations and Conclusions 10. Postscript: 1950-1954

O autorze

HAROLD KARR CHARLESWORTH