Distributional Conflict And Inflation
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Distributional Conflict And Inflation
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Author : R. Burdekin
language : en
Publisher: Springer
Release Date : 1996-08-28
Distributional Conflict And Inflation written by R. Burdekin and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-08-28 with Business & Economics categories.
There has been relatively little work applying the conflict inflation approach in different theoretical and historical settings. This book remedies this gap by treating private-sector distributional conflicts as well as government budgetary pressures on the money supply and the price level. Attention is drawn to the costs of non-accommodative policies in a conflict setting - and to the additional difficulties of non-accommodation likely associated with the use of exchange rate pegging as a disinflation device.
Distributional Conflict And Inflation
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Author : R. Burdekin
language : en
Publisher:
Release Date : 1996
Distributional Conflict And Inflation written by R. Burdekin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.
Distributional Conflict And Inflation
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Author : Richard C. K. Burdekin
language : en
Publisher:
Release Date : 1996
Distributional Conflict And Inflation written by Richard C. K. Burdekin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Distribution (Economic theory) categories.
There has been relatively little work applying the conflict inflation approach in different theoretical and historical settings. This book remedies this gap by treating private-sector distributional conflicts as well as government budgetary pressures on the money supply and the price level. Attention is drawn to the costs of non-accommodativepolicies in a conflict setting - and to the additional difficulties of non-accommodation likely associated with the use of exchange rate pegging as a disinflation device.
Conflict Inflation And The Distribution Of Income
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Author : Peter Skott
language : en
Publisher:
Release Date : 1992
Conflict Inflation And The Distribution Of Income written by Peter Skott and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with categories.
Conflict Fuels Inflation But The Tinder Lies Elsewhere
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Author : Arslan Razmi
language : en
Publisher:
Release Date : 2023
Conflict Fuels Inflation But The Tinder Lies Elsewhere written by Arslan Razmi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
Developing country inflation is in the headlines again. Mainstream macroeconomics typically ignores the role of conflict while non-mainstream work tends to ignore macroeconomic constraints. This paper revisits the issue employing a dependent economy framework with eclectic characteristics. Specifically, I explore the mechanisms that propagate both real and monetary sources of inflation in the presence of real wage resistance and distributional conflict. The analysis shows that the inability to pay for subsidies with taxes or bond issuance in a stylized developing economy could create a situation where a relatively small shock leads to sustained and accelerating inflation and a wage-price spiral, thanks to conflicting claims on income. Subsidies to protect consumers from external price shocks could, similarly, leave a country vulnerable to accelerating wage-price spirals as the relative price effects of a declining foreign asset position are dampened. Distributional conflict thus plays the role of sustainer rather than the primum mobile. Price controls could, in theory, better enable inflation management if these do not result in redistribution towards spenders. Such controls, however, create other trade-off for countries facing balance-of-payments fragility.
Income Distribution Inflation And Growth
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Author : Lance Taylor
language : en
Publisher: MIT Press
Release Date : 1991
Income Distribution Inflation And Growth written by Lance Taylor and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Business & Economics categories.
Structuralist macroeconomics has emerged recently as the only viable theoretical alternative for economists and practitioners in developing countries. Lance Taylor's innovative work represents a landmark in this field. It codifies a new generation of structuralist macroeconomic models that incorporate the economic power relationships of key institutions and groups, integrates both finance and real macroeconomics, and covers a diverse range of experience in the developing world over the past three decades. In an introduction Taylor explains his methodology, describes assumptions underlying the models used, and reviews theories that relate economic growth and the role of financial assets. He then takes up basic structuralist models of a closed economy and moves on to consider the open economy cases. He incorporates the latest developments in the field (inflation, financial crisis, exchange rate management, increasing returns, and the like) in a treatment that departs substantially from economic orthodoxy. Taylor first addresses the question of how to specify "closure" or define the causal structure of macro models. He also considers how income redistribution influences growth and output and how income redistribution interacts with inflation. Next, an investment-driven non-full employment growth model draws on ideas introduced earlier to illustrate how different sorts of macroeconomic policies affect short-run adjustment and growth prospects over time. Taylor then turns to the problems proposed by economic openness in a stylized semi-industrialized country, starting with international trade. A fix-price/flex-price model is developed, and additional models demonstrate cases of policy relevance as well as interactions between class conflict and growth.
Inflation And Social Conflict
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Author : Michael Gilbert
language : en
Publisher: Brighton, Sussex : Wheatsheaf Books
Release Date : 1986
Inflation And Social Conflict written by Michael Gilbert and has been published by Brighton, Sussex : Wheatsheaf Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Inflation (Finance) categories.
On Inertia Social Conflict And The Structuralist Analysis Of Inflation
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Author : Jaime Ros
language : en
Publisher:
Release Date : 1989
On Inertia Social Conflict And The Structuralist Analysis Of Inflation written by Jaime Ros and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Economic development categories.
Inflation Inequality And Social Conflict
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Author : Christopher W. Crowe
language : en
Publisher: International Monetary Fund
Release Date : 2006-06
Inflation Inequality And Social Conflict written by Christopher W. Crowe and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-06 with Business & Economics categories.
This paper presents and then tests a political economy model to analyze the observed positive relationship between income inequality and inflation. The model's key features are unequal access to both inflation-hedging opportunities and the political process. The model predicts that inequality and 'elite bias' in the political system interact to create incentives for inflation. The paper's empirical section focuses on this predicted interaction effect. The identification strategy involves using the end of the Cold War as a source of exogenous variation in the political environment. It finds robust evidence in support of the model.
Money Distribution Conflict And Capital Accumulation
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Author : E. Hein
language : en
Publisher: Springer
Release Date : 2007-12-19
Money Distribution Conflict And Capital Accumulation written by E. Hein and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-12-19 with Business & Economics categories.
This book demonstrates that 'monetary analysis', as contained in Post-Keynesian monetary theories, but also in the Neo-Ricardian monetary theory of distribution and in Marx's monetary analysis, can be integrated into Post-Keynesian models of distribution of growth in a convincing way.