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Inflation: A Theoretical Survey and Synthesis by John Hudson

Inflation: A Theoretical Survey and Synthesis

by John Hudson
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Book cover type: Paperback
  • ISBN13: 9781138654495
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Taylor & Francis
  • Publisher Imprint: Routledge
  • Publication Date:
  • Pages: 179
  • Original Price: GBP 23.99
  • Language: English
  • Edition: N/A
  • Item Weight: 290 grams
  • BISAC Subject(s): Inflation and Economics / Theory

Originally published in 1982, this book begins with a wide-ranging and critical review of both first and second generation theories of inflation (and the related problem of unemployment), including the classical approach to macroeconomics. The author systematically integrates search, implicit contract, expectations and wage-bargaining theeoriees to outline a new and original synthesis. This synthesis and switching regimes model is then rigorously examined to see how well it can explain inflation the US and the UK.

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