The THEORY OF INFLATION (Hardcover, Revised edition)

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.

General

Imprint:	Edward Elgar Publishing Ltd
Country of origin:	United Kingdom
Series:	The International Library of Critical Writings in Economics series
Release date:	1994
Editors:	Michael Parkin
Dimensions:	244 x 169mm (L x W)
Format:	Hardcover
Pages:	680
Edition:	Revised edition
ISBN-13:	978-1-85278-299-3
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Business & Economics > Economics > Macroeconomics > Monetary economics Promotions
LSN:	1-85278-299-4
Barcode:	9781852782993

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