A Summary of Prevailing Views on the Sources of Inflation

A Summary of Prevailing Views on the Sources of Inflation

Date: January 30, 1981
Creator: Cashell, Brian W
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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