Items related to Inflation: A Theoretical Survey and Synthesis (Routledge...

Inflation: A Theoretical Survey and Synthesis (Routledge Library Editions: Inflation) - Hardcover

Book 4 of 9: Routledge Library Editions: Inflation

Hudson, John

 
9781138653139: Inflation: A Theoretical Survey and Synthesis (Routledge Library Editions: Inflation)

Synopsis

Originally published in 1982, this book begins with a wide-ranging and critical review of both first and second generation theories of inflation (and the related problem of unemployment), including the classical approach to macroeconomics. The author systematically integrates search, implicit contract, expectations and wage-bargaining theeoriees to outline a new and original synthesis. This synthesis and switching regimes model is then rigorously examined to see how well it can explain inflation the US and the UK.

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About the Author

John Hudson

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