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Foreword Yale Brozen
Prior Tests for Administered Inflation
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73 SIC Description administered inflation aggregate demand American Enterprise Institute Armen Alchian atomistic industries atomistic sellers Business Pricing Policies cabinet committee study capital catch-up effect centrated coefficient column computed concen concentrated indus concentrated industries CONCENTRATION AND INFLATION concentration ratio consumer cost variables Dalton deconcentration dependent variable DMi/DMo Economic effect for concentration evidence firms four-digit SIC industries Gardiner Means high concentration groups highly concentrated industries Household industrial concentration industry price inflationary insignificant effect James Dalton Journal lag and catch-up levels of concentration Lustgarten manufacturing Market Structure Metal mills oligopolistic oligopoly percent period Philip Hart Phlips Policies and Inflation price behavior price change price increases price rise Price Stability raise prices rate of price regression equations result rigid prices steel Stigler Table A-l Table B-1 continued theory tion U.S. Bureau U.S. Congress U.S. Government Printing unit labor cost Unweighted cost wage increases weighted Weiss wholesale price index Yale Brozen