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Циклическая динамика инфляции

Протасов Александр Юрьевич
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Протасов Александр Юрьевич: СПбГУ

Vestnik of the St. Petersburg University. Series 5. Economics Вестник Санкт-Петербургского университета. Серия 5. Экономика, 2007, issue 2, 39-48

Abstract: This article analyses the features of nonlinear development of inflationary processes during the second half of XXth century in the countries of G7, based on statistical data of prices dynamics. The author proposes the hypothesis on the origin of inflationary cycle and offers a variant of theoretical explanation of cyclical character of inflation. The monetary mechanism of inflationary cycle, connected with changes in the money supply structure and interest rates within the economic cycle, is discussed.

Date: 2007
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