Rising Prices and Inflation

D. C. Rowan
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D. C. Rowan: University of Southampton

Chapter Chapter 21 in Output, Inflation and Growth, 1983, pp 382-402 from Palgrave Macmillan

Abstract: Abstract Thus far our discussion of the problem of prices in our macroeconomic model has had two principal characteristics. It has been: (a) highly aggregative, in that we have discussed only a single domestic price referred to as ‘the’ price of output (b) static, in the sense that we have been concerned with the determination of the equilibrium level of prices

Keywords: Price Level; Real Wage; Natural Rate; Excess Demand; Import Price (search for similar items in EconPapers)
Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06800-5_23

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DOI: 10.1007/978-1-349-06800-5_23

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