Price Expectations and the Australian Price Level: 1901–30

David Pope

The Economic Record, 1982, vol. 58, issue 4, 328-338

Abstract: This paper examines the sources of change in Australian prices in the first three decades of this century. It probes the information content of simple ‘money is dominant’ models of inflation and of the expectations‐augmented Phillips curve and shows that price expectations played a dramatically different role then than in the 1970s.

Date: 1982
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https://doi.org/10.1111/j.1475-4932.1982.tb00383.x

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