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The Nature and Causes of Inflation in Industrial Countries
Inflation and Unemployment
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acceleration aggregate demand agricultural Argentina average balance of payments behaviour Belgium Canada cent per annum change of money Chapter coefficient competitive sector demand pressures devaluation economy equation excess demand exchange rate expectations expenditure and taxation export factors fall finance firms France GDP deflator Germany government expenditure growth rate high inflation import prices incomes policy indirect taxes industrial countries inflation rate inflationary pressures interest rates investment Italy Japan labour market labour productivity lagged less developed countries level of unemployment manufactured monetarist money supply Netherlands O.E.C.D. countries operating Phillips Curve postwar period price inflation price level productivity growth profits rate of change rate of increase rate of inflation ratio real income real wages relative result rose short run significant structural substantial Sweden Table tax revenue terms of trade trade unions trade-off U.S. dollar unemployment unemployment rate United Kingdom variable wage increases wage rates wages and prices