Descrição
Thoeries of Inflation: This book provides a survey for the new theories of iflation developed in the last two deacades in response to the inflationary pressures experienced by the Western countries. The author sees the begining of this new debate in the inflation theory as characterized by the attempt to explain the inflation process as “causal”: Does inflation originate in the labor market or can it be explained by the rate of growth of the money supply? The topics covered include the quantity theory; the inflation gap model; the foundations, stages, and modifications of the Philips curve as well as its place in macroeconomic models and its position with regard to the New Microeconomics, and much more. Livro usado, em excelente estado de conservação. Em inglês.
