Price Controls: For Full Employment Without Inflation

Tim Hazledine

Working Paper from Economics Department, Queen's University

Abstract: This paper proposes a system of permanent controls over prices of consumer goods. Together with appropriate aggregate demand policies, these price controls would enable full employment without inflation. Prices of commodities would be periodically adjusted up or down in line with changes in relative costs, subject to the constraint that the net effect of on the Consumer Price Index be zero. Prices of intermediate product and wages would not be explicitly controlled.

Pages: 50
Date: 1982
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:467

Access Statistics for this paper

More papers in Working Paper from Economics Department, Queen's University Contact information at EDIRC.
Bibliographic data for series maintained by Mark Babcock ().