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9780415488907

The Economics of Repressed Inflation

by Charlesworth,H.K.
  • ISBN13:

    9780415488907

  • ISBN10:

    0415488907

  • eBook ISBN(s):

    9781136520167

  • Edition: 1st
  • Format: Nonspecific Binding
  • Copyright: 2008-10-10
  • Publisher: Routledge

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Summary

A micro-economic analysis of the effects of a partially controlled inflation in a peacetime economy. This analysis suggests it may be as serious for the economy as the more widely recognized effects of an uncontrolled inflation.

Table of Contents

1. Statement of the Problem 2. The Economic Nature of Repressed Inflation 3. Factor Supply Under Repressed Inflation 4. Consumer Reaction to Repressed Inflation 5. Factor Allocation Under Repressed Inflation 6. The Industry Under Repressed Inflation 7. The Black Market Pressure Against Controls 8. The Scope of Fiscal Policy 9. Considerations and Conclusions 10. Postscript: 1950-1954

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