Inflation in Developing Countries

A. J. Hagger
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A. J. Hagger: University of Tasmania

Chapter 10 in Inflation: Theory and Policy, 1977, pp 235-257 from Palgrave Macmillan

Abstract: Abstract Up to this point we have been concerned exclusively with inflation in developed economies (see above, p. 23). In Chapters 2–6 we examined various aspects of the question, ‘What causes inflation in developed economies?’ and emerged with a concise and fairly straightforward working answer — the three-equation expectational model of the inflationary process presented in Section 7.1. In Chapters 7–9 we put this model to work, its role being to provide a theoretical framework for discussing policy against inflation in developed economies.

Keywords: Inflation Rate; Money Supply; Latin American Country; Import Price; Average Annual Rate (search for similar items in EconPapers)
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-15735-8_10

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DOI: 10.1007/978-1-349-15735-8_10

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