A Summing Up

D. C. Hague
Additional contact information
D. C. Hague: Manchester Business School

Chapter 21 in Inflation Theory and Anti-Inflation Policy, 1977, pp 530-538 from Palgrave Macmillan

Abstract: Abstract Professor Hague said that the conference left him with a number of disappointments. As Professor Patinkin had pointed out, the conference had not resolved the biggest issue of all, which was why inflation was currently so severe. In the past, serious inflation had usually been linked to war. It was true that there had recently been a ‘small’ war in Vietnam, but Korea had only been a ‘small’ war too. Yet the Korean inflation had subsided quite quickly. In the inflation of 1973 and 1974 the effect on expectations, particularly in commodity markets, seemed to have been very big. And participants had expressed fears that another commodity boom might be on its way.

Keywords: Exchange Rate; Trade Union; Money Supply; Rational Expectation; Price Control (search for similar items in EconPapers)
Date: 1977
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:pal:intecp:978-1-349-03260-0_21

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349032600

DOI: 10.1007/978-1-349-03260-0_21

Access Statistics for this chapter

More chapters in International Economic Association Series from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().