THE THEORY OF INFLATION (The International Library of Critical Writings in Economics series) - Hardcover

 
9781852782993: THE THEORY OF INFLATION (The International Library of Critical Writings in Economics series)
Hardcover
ISBN 10: 1852782994 ISBN 13: 9781852782993
Publisher: Edward Elgar Publishing Ltd, 1994

Synopsis

The theory of inflation seeks to explain why inflation occurs and why its rate varies, to explain the co-movements betwen the inflation rate and other variables and to permit the design of mechanisms capable of delivering an optimal inflation path.

The Theory of Inflation presents in one volume a comprehensive description of the historical inflation record, surveys the current state of knowledge on the fundamental forces that cause inflation and the mechanisms that propagate it, and examines the costs of inflation and the problems of achieving price stability.

Professor Parkin's selection draws both upon the contribution of mainstream economists - whose work has been based on market demand and supply - and a new generation whose work has emphasized the importance of technology and preferences. This volume, as the introduction states, indicates that there is much of value to be learnt from both approaches.

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About the Author

Edited by Michael Parkin, Professor Emeritus, University of Western Ontario, Canada

"About this title" may belong to another edition of this title.

Publisher
Edward Elgar Publishing Ltd
Publication date
1994
Language
English
ISBN 10 
1852782994
ISBN 13 
9781852782993
Binding
Hardcover
Number of pages
680
Editor
Parkin Michael