A Summary of Prevailing Views on the Sources of Inflation

Description:

It is the purpose of this paper to present the range of viewpoints concerning the causes of inflation. Inflation is defined and distinguished from changes' in relative prices. The Monetarist, Post-Keynesian, and neo-Keynesian positions are discussed to illustrate the variety of perceptions as to the sources of sustained increases in the general price level.

Creator(s):
Creation Date: January 30, 1981
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
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Place of Publication: Washington D.C., USA
Date(s):
  • Creation: January 30, 1981
Description:

It is the purpose of this paper to present the range of viewpoints concerning the causes of inflation. Inflation is defined and distinguished from changes' in relative prices. The Monetarist, Post-Keynesian, and neo-Keynesian positions are discussed to illustrate the variety of perceptions as to the sources of sustained increases in the general price level.

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11 pages.

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Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
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Resource Type: Report
Format: Text
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Access: Public